Which of the following statements regarding a nation's trade policy is accurate?

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A nation's trade policy does not influence the magnitude of its trade balance.None of the given options are correct.Imposing a restrictive import quota lowers a country's net exports.Implementing a restrictive import quota raises a country's net exports.

Explanation

Option A is correct because a country's trade policy alone does not determine the size of its trade balance. Other factors such as exchange rates, domestic consumption, and global economic conditions play significant roles. Therefore, trade policies do not directly affect the trade balance magnitude.