Government intervention in international trade can take the form of reducing restrictions on imports and adopting policies that promote exports.

Question

Quizplus · Accepted Answer

Government intervention in international trade can indeed take the form of reducing restrictions on imports and adopting policies that promote exports. This is done to increase the flow of goods and services between countries, promote economic growth, and create jobs. It is often used by governments to protect domestic industries from foreign competition or to encourage foreign investment in their countries.

Government Intervention in International Trade Can Take the Form of Reducing