Which Trade Strategy Have Developing Countries Used to Restrict Imports

question 130

Multiple Choice

Which trade strategy have developing countries used to restrict imports of manufactured goods so that the domestic market is preserved for home producers,who thus can take over markets already established in the country?

• A) International commodity agreement
• B) Export promotion
• C) Multilateral contract
• D) Import substitution

---

Definitions:

Young Adults

Individuals in the late teen to early thirties age range, navigating the transition from adolescence to adulthood.

Drug Overdoses

The ingestion or application of a drug in quantities greater than recommended or typically practiced, leading to serious health risks or death.

Metabolic Rate

The rate at which the body consumes energy, including during resting and active states, crucial for processes such as maintaining body temperature and cellular function.

Caloric Needs

The amount of energy, measured in calories, that a person requires to maintain bodily functions and support daily activities.