What is “restricted trade?”

2 answers:

7 0

A trade restriction is an artificial restriction on the trade of goods and/or services between two or more countries. It is the byproduct of protectionism.

Zepler [3.9K]2 years ago

6 0

Explanation:

Trade restrictions are typically undertaken in an effort to protect companies and workers in the home economy from the competition by foreign firms. A protectionist policy is one in which a country restricts the importation of goods and services produced in foreign countries.

The main types of trade restrictions are tariffs, quotas, embargoes, licensing requirements, standards, and subsidies. A tariff is a tax put on goods imported from abroad. The effect of a tariff is to raise the price of the imported product. Revenue tariffs are put in place to raise money for the government.

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In which of the following regions were most of the world's urban centers located between 1350 BC and AD 1600?

tatuchka [14]

Answer:

Correct answer is A. Asia and Africa

Explanation:

It is estimated that in this period more than half population lived only in Asia, therefore A is the only correct answer.

Those percentage are going from 65 up to 70 percent. In the same time Africa had around 10 percent of world population.

Europe had up to 20 percent of world population, while Americas had only around 2 percent.