The Strategy to Promote Exports by Imposing Restrictions on Imports

question 88

Multiple Choice

The strategy to promote exports by imposing restrictions on imports is called:

• A)capitalism.
• B)protectionism.
• C)liberalization.
• D)mercantilism.
• E)free trade.

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Definitions:

Glass

A hard, brittle substance, commonly transparent or translucent, made by fusing sand with soda, lime, and sometimes other ingredients and cooling rapidly.

Volume

The quantity of three-dimensional space enclosed by a closed surface or the space that a substance (solid, liquid, gas, or plasma) occupies.

Milliliters

A unit of volume in the metric system, equivalent to one thousandth of a liter.