Asked by
Gabriella Zuniga
on Nov 05, 2024
Verified
A quota on sugar harms domestic producers of sugar.
Quota
A government-imposed trade restriction that limits the quantity or monetary value of goods that can be imported or exported during a specific time frame.
Domestic Producers
Companies or individuals that manufacture or produce goods within their own country, as opposed to importing them from abroad.
- Identify the reasons supporting and opposing both free trade and protectionism.
Verified Answer
GD
Learning Objectives
- Identify the reasons supporting and opposing both free trade and protectionism.