Which of the following examines the reasons for and effects of trade restrictions?
A)Balance of payments
B)Foreign exchange market
C)International trade policy
D)International trade theory

Question

Quizplus · Accepted Answer

International trade policy focuses specifically on the restrictions, regulations, and agreements that govern the exchange of goods and services between countries. This includes examining the reasons for and effects of trade restrictions such as tariffs, quotas, and embargos. The other options listed, balance of payments, foreign exchange market, and international trade theory, do not specifically address trade restrictions in the same way that international trade policy does.

Which of the Following Examines the Reasons for and Effects