Many Countries Impose Tariffs or Quotas to Protect the Domestic

question 24

True/False

Many countries impose tariffs or quotas to protect the domestic industry from competition.

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Definitions:

India

A country in South Asia, known for its diverse culture, languages, geography, and as the world's largest democracy.

North Korea

A country in East Asia, officially known as the Democratic People's Republic of Korea, known for its totalitarian government and isolation from much of the international community.

Economic Immigrants

International migrants who have moved from one country to another to obtain economic gains such as better employment opportunities.

International Migrants

International migrants are individuals who move from one country to another, often for reasons such as employment, education, or escape from conflict, which can impact both the origin and destination countries.