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Using government regulations to limit the import of goods and services is called

User Stjepano
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2 Answers

4 votes

Answer:

Using government regulations to limit the import of goods and services is called trade protectionism

Step-by-step explanation:

A quota is a government-forced exchange limitation that restrains the number or money related estimation of merchandise that a nation can import or fare during a certain period. Countries use standards in global exchange to help direct the "volume of trade" among them and different countries.

Quotas center on constraining the amounts, now and again, the combined estimation of a specific decent that a nation imports or fares for a particular period, while taxes force explicit expenses on those products.

User Evilive
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5 votes

Answer:

protectionism

Step-by-step explanation:

The country could overtax import products such as manufactured products in order to protect its own products and industries. This is very common in trade markets. Nowadays, through the globalization and China´s high development protectionism is ending.

User Planplan
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