Most Economists Argue That Protectionism ________ the World Economy Because

question 79

Multiple Choice

Most economists argue that protectionism ________ the world economy because it ________ trade among countries.

• A) helps; inhibits
• B) helps; encourages
• C) harms; inhibits
• D) harms; encourages
• E) doesn't impact; doesn't affect

---

Definitions:

Foreign Currency

Currency used in a country other than one's own, involved in international trade, investments, and travel.

Quota

A government-imposed trade restriction that limits the quantity or monetary value of goods that can be imported or exported during a specific time.

Demand Curve

A visual diagram that illustrates how the amount of a product that purchasers are ready to buy varies with its price.

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity supplied.