WAEC Economics 2023 Objective — Question 44
Question 44 of 50 from the West African Examinations Council (WAEC) Economics 2023 Objective paper, with the correct answer and a full explanation.
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Tariffs, quotas and embargoes are examples of A. foreign exchange policies. B. trade restriction policies. C. fiscal policies. D. monetary policies.
- A. foreign exchange policies
- B. trade restriction policiesCorrect
- C. fiscal policies
- D. monetary policies
Explanation
Tariffs, quotas and embargoes are some of the instruments used by government to regulate importation — trade restriction policies.
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