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 the own country true or false
True. Trade barriers such as tariffs, quotas, and embargoes are used by countries to restrict trade, and one of the reasons for setting up these barriers is to protect domestic industries and encourage local production. By imposing these trade barriers, countries aim to limit imports and promote their own goods, allowing domestic producers to have a larger market share and sell their products within their own country.
True. Trade barriers such as tariffs, quotas, and embargoes are tools used by countries to restrict imports and promote domestic production and sales. These measures are put in place to protect domestic industries from foreign competition, allowing them to produce and sell their own goods within the country.
