in a well written paragraph, explain how a country can regulate imports and exports to manage resources. include a specific example.

A country can regulate imports and exports to manage resources is explained below in details.

Explanation:

Export and import is a co-operation which is practiced by most of all nation. It is like the service offered in the country and bought by other nations. It does not mean that what is assistance or goods.

Three ways can help in increasing Export and import services.

Trade protectionism: It gives benefits to the country. It is relevant to the tariff. It increases the price of the import. It uses grants. For example Smooth Hawley tariff.

The second one is trade alliances. They increase exports by decreasing trade protectionism.

The third is the way to decrease the currency's worth. By reducing the interest rate.

a

explanation: