Trade barriers such as tariffs, quotas, and embargoes are sometimes set up by countries to restrict trade because they want to produce their own goods and sell them in their own country. (1 point) Responses True True False
False. Trade barriers such as tariffs, quotas, and embargoes are imposed by countries to restrict trade with other countries, not to promote the production and sale of goods within their own country. These trade barriers are used to protect domestic industries from international competition, safeguard jobs, control the flow of goods, and correct trade imbalances.
