Ask Question
19 November, 04:53

Why do countries provide financial incentives?

Financial incentives act as trade barriers.

Financial incentives limit imports.

Financial incentives set standards.

Financial incentives restrict all trade.

+5
Answers (1)
  1. 19 November, 06:32
    0
    Countries provide financial incentives to act as trade barriers. Trade barriers are government-initiated restrictions on trade. This includes some sort of cost being imposed on the traded product, so as to increase its cost. Financial incentives given to domestic producers encourages local trade, thereby, discouraging traders from having to look outside the country for trade.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Why do countries provide financial incentives? Financial incentives act as trade barriers. Financial incentives limit imports. Financial ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers