One way to reduce exports is to
A) base trade on comparative advantage.
B) base trade on opportunity costs.
C) trade with poor countries.
D) restrict imports.

Question

Quizplus · Accepted Answer

One way to reduce exports is to restrict imports. If a country restricts its imports, then its producers will have fewer opportunities to sell goods overseas, which would result in a reduction in exports. Additionally, restricting imports can also protect domestic industries from foreign competition.

One Way to Reduce Exports Is to