Answered

IDNLearn.com is designed to help you find reliable answers to any question you have. Get accurate and timely answers to your queries from our extensive network of experienced professionals.

Embargoes, quotas, and standards are tools that countries use

Sagot :

... to control the trade and the influx of goods with other countries. Specifically, these are the means to ensure a certain standard in the imported goods, and that the imported goods don't compete with the local production.
Tabbeyidn

Answer: Embargoes, quotas, and standards are tools that countries use in order to punish other countries.

Explanation:

Embargoes refer to trade restriction placed or imposed by the government of a country on a foreign country in order to restrict trade with them. This often occurs due to political differences.

Quotas are form of trade restrictions which are imposed by the government of a country in order to reduce or limit the goods which can be imported or exported.

Hence, they are tools that countries use to punish foreign countries.

Thank you for participating in our discussion. We value every contribution. Keep sharing knowledge and helping others find the answers they need. Let's create a dynamic and informative learning environment together. Thank you for choosing IDNLearn.com for your queries. We’re here to provide accurate answers, so visit us again soon.