answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What is the purpose of a trade restriction?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Why a country might favor some sort of trade restriction?

The purpose of trade restriction is to protect some domestic industry from foreign competition.


What is an example of trade restriction?

Tariffs and embargos are trade restrictions.


What is a restriction to regulate international commerce?

trade barrier


What is a common trade restriction imposed by the government on agricultural products?

Tariffs are the most common type of trade restriction. Trade restrictions are used by the United States in order to ensure protection with domestic industries.


What was the primary purpose of NAFTA?

NAFTA was established to create better trade opportunities between the United States, Canada and Mexico. The agreement removed certain restriction such as costly tariffs.


Which of the following laws placed a restriction on trade after European ships harassed US vessels?

The Embargo Act placed a restriction on trade after European ships harassed US vessels.


Which of these is not an axample of a trade restriction?

Taking land to built an airport.


Which of these is not a restriction of a trade restriction subsidies quotas rationing or tariffs?

The government prevents a cartel of steel manufacturers from fixing prices


What restricts the amount of a product that can be imported?

what is a restriction on the amount of a good that can be imported


Are subsidies an example of a trade restriction?

Yes, as are tariffs and limiting the import of certain goods.


What is it called when nations can legally agree that they will limit or prevent trade between two nations?

The legal ban on trade is referred to as a trade restriction or sanction (which also has other meanings).


What is the purpose of restriction enzymes?

There main purpose is to cut up viral DNA that invades bacteria. Since they do this at definite sites, depending on which restriction enzyme is used, they can be used in genetic recombination exercises. Inserting sections of DNA into bacterial plasmids so that desired products will be made by these bacteria.