Restrictions on imports
A) usually have no permanent effects on an economy.
B) is the best way to increase exports.
C) protect United States jobs.
D) eventually reduce exports.

Question

Quizplus · Accepted Answer

Restrictions on imports, such as tariffs or quotas, can make foreign goods more expensive and less competitive in the domestic market. While this may protect domestic industries in the short term, it can lead to retaliation from other countries, which may impose their own restrictions on goods from the country that initiated the import restrictions. This can reduce the demand for the initiating country's exports, ultimately leading to a decrease in exports.

Restrictions on Imports