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Xelga [282]
3 years ago
13

How do quotas help domestic producers? Quotas facilitate increased exports of domestic goods. Quotas lower the cost of domestic

goods. Quotas limit the number of producers that compete in a sector. Quotas facilitate the sale of more domestic goods.
Social Studies
2 answers:
yan [13]3 years ago
6 0

Answer:

Quotas facilitate the sale of more domestic goods.

Explanation:

i just took the test on ed

xxMikexx [17]3 years ago
5 0

The correct option is <u>(D) Quotas facilitate the sale of more domestic goods. </u>

Further Explanation:

The quota is the trade restriction that is forced by the government of the country and quotas limit the money of goods that the country can import or export during a particular period. Quotas are basically used in international trade by the countries. Its use between the countries regulates the ‘volume of trade’.

The Quota is different from customs or tariffs, which place taxes on exports and imports. The Government of the country imposes both quotas and tariffs as “protective measures” that control “trade between countries”. There are numerous differences between them.

In the United States, there are majorly three quotas, which are as follows;

1. Tariff-rate

2. Absolute

3. Tariff preference

The “highly restrictive quotas” paired with high tariffs help in leading disputes in trades and also other problems and conflicts between countries. Government plans tariffs to increase the cost to the ‘producer’ or ‘supplier seeking’ to sell any product within a country.

Learn More:

1. Advise south African youth on two preventative measures that can help in combating risky behaviors and provide two practical examples for each

<u>brainly.com/question/4767852 </u>

2. The most influential and powerful members of a political party are most likely found

<u>brainly.com/question/11032918 </u>

Answer Details:

Grade: Middle School

Chapter: Quotas  

Subject: Social Studies

Keywords: quota, trade, government, international trade, tariff-rate, tariff preference, producer, supplier

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