Question

What are the restrict import measures of one's country? According to the actual situation you should discuss how does country take this measures to to restrict import.

Answer 1

Answer:

Import restrictions are steps or measures employed by the government of a country to reduce the volume of import in a country.

A country can take different measures to restrict import popularly known as import control measures.  The following are the most popular import restriction measures.

IMPORT RESTRICTION

1.  Import duties

2. Import quota

3. Currency restriction

4. Import License

5. imports surveillance

Explanation:

1. Import duties

These are taxes levied on goods imported to make them less attractive. Import duties are also called custom duties. Import duties increases the prices of imported goods.

2. Import quota

Import quota is another import restriction measure employed by a country to reduce the quantity of imported products, either of a particular goods or from a particular trade partner.  This measure ensures a certain import target is not exceeded.

3. Currency restriction

Since foreign currency is used for the payment for imports, a government who is embarking on trade restriction can restrict the supply of foreign currency to make payment for import a bit difficult, thereby reducing the quantity of import.

4. Import License

Another import restriction measure is for a country to embark on a policy that will require special license or a green light to allow the importation of certain commodity. This will go a long way to restrict import

5. imports surveillance

This is a measure that tracks import levels to control the desired level of import in a country.