Use the Figure above to answer the following question(s).
-The straight line running through the accompanying graph from left to right represents ____________________.
Definitions:
Protectionism
A policy of imposing restrictions on imports, often through tariffs and quotas, to shield domestic industries from foreign competition.
Frederic Bastiat
A French economist and writer known for his advocacy of free-market policies and his critique of protectionism in the 19th century.
European Union
A political and economic union of 27 European countries that are located primarily in Europe.
World Exports
This term relates to the total sum of goods and services that are sold and shipped by one country to others across the globe.
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