Governments often intervene in international trade and impose quotas to rev: 06_20_2018 Multiple Choice shift a nation's production possibilities frontier. increase revenues from export subsidies. protect domestic industries from foreign competition. improve the performance of multinational corporations .

The correct answer is - Protect domestic industries from foreign competition (Option C).

Explanation:

Since import quota and import tariff diminishes the portion of import in the nation and therefore it protects the domestic infant industry.

Thus, it can be said that law enforcement agencies often step-in in the international trade and levy quotas to protect domestic industries from international competition.

Therefore, option third is the correct answer out of the given options.

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