Solution-Control the volume of imports entering the country

Control the volume of imports entering the country

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Reference no: EM132640022

In the case where the American dollar depreciates against the South African Rand, their goods become cheaper and therefore the number of imports might increase. The government will, therefore, take steps to protect domestic firms against foreign competition and to control the volume of imports entering the country.

Provide a brief description of any four measures that the government can use to control the volume of imports.

Reference no: EM132640022

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Control the volume of imports entering the country

Reference no: EM132640022

Reference no: EM132640022

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