Why does a country restrict her international trade?
Explanation
A country may impose restriction on trade for the following reasons: (i) To raise revenue. (ii) To protect infant industries. (iii) To maintain high level of employment. (iv) To prevent the country from becoming a dumping ground. (v) Restriction may serve as a retaliatory measure. (vi) To prevent the importation of harmful goods. (vii) To correct a deficit in the balance of payment. (viii) To promote self - sufficiency