1443EconomicsMedium
Which of the following statements about trade policy is true?
AA restrictive imports quota increases a country’s net exports
BNone of these answers
CA restrictive import quota decreases a country’s net exports
DA country’s trade policy has no impact on the size of its trade balance
Correct answer
D. A country’s trade policy has no impact on the size of its trade balance
Explanation
The correct answer is A country’s trade policy has no impact on the size of its trade balance.