One of the Reasons Given for the Imposition of a Protectionist

question 14

Multiple Choice

One of the reasons given for the imposition of a protectionist policy such as a tariff is to

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

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Definitions:

Social Conflict

A form of struggle or disagreement between individuals, groups, or classes, often arising from opposing interests, needs, and values.

Social Exchange

A theory in sociology and psychology that suggests human relationships are formed by the use of a subjective cost-benefit analysis and the comparison of alternatives.

Symbolic Interaction

A sociological perspective that explores how individuals create meanings through their interactions with others, based on the use of symbols.

Biological Factors

Aspects of biology that influence or determine the physical and psychological characteristics of an organism, including genetics and physiology.