When It Sets Controls to Protect Domestic Industries by Reducing

question 2

Multiple Choice

When it sets controls to protect domestic industries by reducing foreign competition,the federal government is _____.

• A)fighting corruption
• B)restricting immigration
• C)enacting trade legislation
• D)practicing protectionism

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Definitions:

Investment

The allocation of resources with the expectation of generating an income or profit, such as stocks, bonds, or real estate.

Compounded Quarterly

Interest calculation method where the interest is added to the principal four times a year.

Retirement Saving Plan

A financial arrangement designed to save money for retirement, often with tax advantages.

Income

Money received, especially on a regular basis, for work or through investments.