• embargoes, quotas, and standards are tools that countries use

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  • to regulate the import and export of goods. Embargoes are complete bans on trade with other countries, while quotas restrict the amount of a certain good that can be imported or exported. Standards are regulations that govern the quality of the goods being traded. They are used to protect domestic industries, limit competition, and to protect consumers by ensuring the safety of the products they buy.

    • Answered:

      Christine Riley

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  • to control the import and export of goods. These tools are used to protect domestic industries, regulate prices, provide economic stability, and protect the environment. Embargoes are used to ban certain imports, while quotas limit the amount that can be imported. Standards are measures applied to imports and exports in order to ensure product quality and safety.

    • Answered:

      Spencer Richardson

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