d. All of the above

Explanation:

a. Quotas: These are the limits on the number of goods that can be imported. By setting quotas, a country can limit the amount of goods imported from another country, thus protecting its own industries from foreign competition.

b. Voluntary Export Restraints (VERs): These are agreements between the exporting country and the importing country that limit the amount of certain goods that can be exported to the importing country. This can help to protect the importing country's industries from too much competition.

c. Tariffs: These are taxes on imported goods. By imposing tariffs, a country can make foreign goods more expensive, thus making domestic goods more competitive.

So, all of the above measures can be used to protect a country's industries from foreign competition, which can be particularly important during a recession when domestic industries may

Question

d. All of the above

Explanation:

a. Quotas: These are the limits on the number of goods that can be imported. By setting quotas, a country can limit the amount of goods imported from another country, thus protecting its own industries from foreign competition.

b. Voluntary Export Restraints (VERs): These are agreements between the exporting country and the importing country that limit the amount of certain goods that can be exported to the importing country. This can help to protect the importing country's industries from too much competition.

c. Tariffs: These are taxes on imported goods. By imposing tariffs, a country can make foreign goods more expensive, thus making domestic goods more competitive.

So, all of the above measures can be used to protect a country's industries from foreign competition, which can be particularly important during a recession when domestic industries may

Knowee AI · Accepted Answer

d. All of the above

Explanation:

a. Quotas: These are the limits on the number of goods that can be imported. By setting quotas, a country can limit the amount of goods imported from another country, thus protecting its own industries from foreign competition.

b. Voluntary Export Restraints (VERs): These are agreements between the exporting country and the importing country that limit the amount of certain goods that can be exported to the importing country. This can help to protect the importing country's industries from too much competition.

c. Tariffs: These are taxes on imported goods. By imposing tariffs, a country can make foreign goods more expensive, thus making domestic goods more competitive.

So, all of the above measures can be used to protect a country's industries from foreign competition, which can be particularly important during a recession when domestic industries may

Which barrier can be used against recession induced exports into the country?Select one:a.Quotasb.Voluntary export restraintsc.Tariffd.All of the above

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