Question

3. Why would South Africa limit the amount of Chinese textiles allowed into 1 point

Answer 1

Answer:

3. to protect the South Africa clothing business by raising the price of textiles overall.

4. By placing tariffs on each other, African nations stimulate production and local trade.

Explanation:

As you may already know, China is a major producer of clothing and has the capacity to produce enough for local consumption as well as to export, on a large scale to all countries in the world, mainly underdeveloped countries that have more production. deficient. To limit the level of export of Chinese products and to be able to invest in local industrialists, thus improving regional trade, South Africa decided to limit the amount of Chinese textiles allowed to 1 point in its country.

In addition, it is common for African countries to impose tariffs on each other's products. This is done to limit the flow of foreign products in a country and to stimulate local production, improving the regional and consequently national economy.