An example of policies designed to encourage new local industries serving the domestic market would be subsidizing imports to the domestic market. removing all trade restrictions and price supports. imposing import tariffs or otherwise restricting imports. taxing exports of manufactured goods.

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26-04-2022
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An example of policies designed to encourage new local industries serving the domestic market would be subsidizing imports to the domestic market. removing all trade restrictions and price supports. imposing import tariffs or otherwise restricting imports. taxing exports of manufactured goods.

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anthougo anthougo · Answer 1 · 2022-05-09T10:15:35+02:00

Policies designed to encourage new local industries serving the domestic market would be C. imposing import tariffs or otherwise restricting imports.

What are import restrictions?

Import restrictions are trade protective policies enunciated to protect companies and workers in a home economy from foreign competition.

As a trade barrier, import restriction restricts the importation of goods and services produced in foreign countries so that local industries could survive and become internationally competitive.

Thus, an example of policies designed to encourage new local industries serving the domestic market would be C. imposing import tariffs or otherwise restricting imports.

Learn more about import restrictions at https://brainly.com/question/1129630

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