A Possible Reason to Impose a Protectionist Policy Such as a Tariff

question 138

Multiple Choice

A possible reason to impose a protectionist policy such as a tariff is to:

• A) slow domestic production.
• B) increase the welfare of domestic consumers.
• C) aid other nations in developing their own industries.
• D) protect domestic workers from foreign competition.

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Definitions:

Adverse Events

Unintended and harmful events associated with the use of a medical intervention such as a drug or surgery.

Medical Devices

Instruments, apparatuses, or machines that are used in medical procedures to diagnose, prevent, or treat disease or other conditions.

Express Contract

A type of contract formed by explicit written or spoken agreements between parties.

District Attorney

A public official who represents the government in the prosecution of criminal offenses.