Practice mode Basic of Economics

What is the advocacy of shielding domestic producers by restricting imports of foreign goods and services called?

Correct answer D. Protectionism

Explanation

Protectionism uses tariffs, quotas and other barriers to limit foreign competition and support home industries.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.