Developing countries must confront industrial countries' trade restrictions,such as tariffs and quotas,which often discriminate against primary products.

Question

Victorina Navarro · Accepted Answer

Final Answer : True, Explanation :  Developing countries often rely on primary products such as agricultural goods or raw materials for their exports. However, industrial countries often impose trade restrictions such as tariffs and quotas on these goods, making it difficult for developing countries to compete in the global market. These restrictions can also be seen as discriminatory as they often favor industrial countries' own manufactured products over primary products from developing countries.

Developing countries must confront industrial countries' trade restrictions,such as tariffs and quotas,which often discriminate against primary products.

Definitions

Learning Objectives

Learning Objectives

Related questions