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Question 1
Trade barriers such as tariffs, quotas and protective regulations can stand in the way of trade.
In India, _______ and regulations have sometimes limited trade between different states within the country.
(1 point)
Responses
Tariffs
Tariffs
Quotas
Quotas
Embargo
Embargo
Protective regulations
what does that mean?
Protective regulations refer to laws and regulations implemented by the government to protect its domestic industries from foreign competition. These regulations may include setting price controls, imposing licensing requirements, or implementing quality standards. In the context of the question, it means that the implementation of such regulations in India has limited trade between different states within the country.
could you pieck either,
tarriffs
quotas
embargos, or
outsorcing
pick one of these please