1. Tariffs, import quotas, and export subsidies are the three sets of tools that governments commonly use to restrict international trade to protect domestic producers from foreign competition.
2.  
4. (3.a) Briefly define and explain tariffs.
8. (3.b) Briefly define and explain import quotas.
12. (3.c)  Briefly define and explain export subsidies.

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3a Tariffs Tariffs are taxes imposed on imported goods They increase the price of foreign goods maki... View the full answer