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:

Mutual Respect

A reciprocal understanding and consideration of each other's values, beliefs, and feelings in a relationship or interaction.

Nonverbal Communication

Communication that occurs without the use of written or oral language, whether deliberate or accidental.

Important Message

A communication that conveys critical information, requiring immediate attention or action.

Phone Communication

The exchange of information between individuals through voice calls over telecommunication devices.