Why do nations use trade barriers? Check all that apply. They protect an industry from foreign competition. They increase commerce in developing regions. They place sanctions on trade with another nation. They aid nations facing war or political transitions. They reduce the price of imported products.

Respuesta :

The answers are 1 and 3

1) They protect an industry from foreign competition

3) They place sanctions on trade with another nation

Nations use trade barriers to protect from foreign competitors and social control trade. Hence, option A and C are correct.

Trade barrier has been defined as the legal restrictions that has been placed by the company for the establishment of trade entity in the region.

Why trade barriers?

The restrictions put by the nation varying for nation to nation. The reason for a nation to opt for trade barrier has been the protection of domestic suppliers and traders from foreign competitions.

The sanction or the restriction has been acted as the trade relation that has been able to protect the nation's trade value.

Thus, Nations use trade barriers to protect from foreign competitors and social control trade. Hence, option A and C are correct.

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