Italy has a direct restriction on the amount of metal products that may be imported into the country. Which instrument of trade policy does this reflect?

The instrument of trade policy used by Italy is called "QUOTA"

Explanations: Quota is a direct restriction from the government of a country on the total number or quantity of a particular good or service that can only be imported into the country a specified period of time. This helps to regulate to total amount of goods that can be supplied to the country, in other to regulate the price of such goods.

Because Italy has a direct restrictions on the amount of metal product that may be imported into the country, the government is using a Quota in it's style of trade policy on metal importations, in other to keep a bench mark on the price of the goods in the country.

The instrument of trade that this reflects is known as QUOTA.

Explanation: Quota in economics refers to the restriction on the IMPORT of something to a specific quantity.

It is the limited quantity of a particular product which under official controls can be produced, exported, or imported.

Quota is used in international trade to help regulate the volume of trade between countries.

The major benefit of quota is reducing imports, thereby helping domestic suppliers.

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for many centuries there were important factors which the economies of the muslim empires developed increasingly. they applied economic procedures in production, investment, finance, taxation and property. they used to tax certain goods (for example: harvest), they charged interest on money lent, they signed contracts with merchants; they relied on a common currency, and they used checks as well as promissory notes. with the money collected by means of taxation, the government provided the needy with an income. in addition, trading networks covered huge distances, so far regions started to have contact and exchange goods. this trade network covered areas of asia, africa and europe.