History, asked by FREDDD4949, 3 months ago

Explain why a country would place a quota on certain imported goods

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Answered by aqsanajeebniazi
4

Answer:

Countries use quotas in international trade to help regulate the volume of trade between them and other countries. Countries sometimes impose quotas on specific products to reduce imports and increase domestic production. In theory, quotas boost domestic production by restricting foreign competition.

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