Why do governments often intervene in international trade to restrict imports and expand exports? Discuss.
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There are many reasons why government often intervenes in international trade to restrict imports and exports few are below 1 Because government want to protect local industry 2 Because government want to maintain stable value of their country currency 3 Because government want to maintain balance of payment 4 In some situation the imported fruits and agriculture product bring with them foreign country new diseases for crops In this case government intervene ...View the full answer
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Related Book For
Macroeconomics Principles Applications And Tools
ISBN: 9780134089034
7th Edition
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
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