ECONOMICS (CBSE/UGC NET)

ECONOMICS

BARRIERS TO TRADE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Read the text and answer the question. In recent years, Mexican farmers have faced increasing competition from Brazilian producers. Mexican products are high quality and readily available, but goods from Brazil are sold at lower prices. This has created increased demand for Brazilian agricultural goods in Mexico .How can the Mexican government help Mexican farmers the MOST?
A
It can make Brazilian agricultural goods more expensive by raising tariffs on them.
B
It can increase the amount of goods Mexico exports by embargoing trade with Brazil.
C
It can lower production costs for Mexican farmers by raising tariffs on Brazilian goods.
D
It can protect jobs in Mexico’s farm industry by banning the export of agricultural goods.
Explanation: 
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