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Under what circumstances may a country find it necessary to control imports?

List circumstances under which a country may find it necessary to control imports.

Answers

Maurice
(i) Where there is need to control dumping to prevent adverse effects on the economy.

(ii) Where there is need to protect local/ infant industries which may not withstand competition from established foreign industries.

(iii) Where balance of trade/ payment continues to deteriorate to reduce payment on imports.

(iv) Where goods are hazardous/ harmful for consumption in order to protect the health of consumers.

(v) Where goods involved are a security risk to the country to ensure peace and stability.

(vi) Where it is necessary to counter the actions of trading partners as a retaliatory measure.

(vii) Where there is need to avoid imported inflation arising from overpriced imports.

(viii) Where it is politically expedient to do so in order to promote good governance in another country.

(ix) Where there is need to preserve morals and culture the country.

(x) Where there is need to expand market for locally produced goods.

maurice.mutuku answered the question on July 25, 2017 at 06:16

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