Question
Question 5 of 10 Which of these is not an example of a trade restriction? A. Rationing B. Subsidies C. Quotas D. Tariffs
Answer
4
(205 Votes)
Ashton
Master · Tutor for 5 years
Answer
A
Explanation
Trade restrictions are measures that governments put in place to restrict the import or export of certain goods or to manipulate the conditions under which trade occurs. Among the options given, A. Rationing is not a trade restriction. Rationing is a system in which a government or organization allocates resources and goods to individuals, often due to shortages or during wartime conditions. On the other hand, B. Subsidies, C. Quotas, and D. Tariffs are all examples of trade restrictions. Subsidies are financial aids provided by governments to domestic industries to make them more competitive against foreign imports. Quotas set a limit on the amount of a particular good that can be imported or exported within a specified period. Tariffs are taxes imposed on imports or exports.