Examlex
Comprehension questions asked during a presentation can help you
Protectionist Policies
Economic policies designed to restrict international trade to protect domestic industries from foreign competition.
Domestic Surplus
The extra quantity of a good that producers are willing to supply over what is demanded by domestic consumers, often measured when analyzing the impact of international trade.
Tariffs
Taxes on imported goods, implemented by a government to protect domestic industries from foreign competition or to generate revenue.
Textiles
Materials made from fibers, filaments, threads, or yarns, suitable for use in the production of fabrics and other goods.
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