Protectionism Is

question 10

Multiple Choice

Protectionism is:

• A) A form of free trade in which a country maintains it sovereignty
• B) A method of developing advantageous trade relationships with other countries
• C) The use of currency exchange to maintain trading advantages
• D) Protecting domestic businesses from exports by foreign firms through governmental policy
• E) Protecting free trade by creating treaties

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Definitions:

Republican Party

One of the two major political parties in the United States, traditionally emphasizing limited government, free market principles, and conservative social policies.

Expansion of Slavery

The 19th-century movement in the United States toward spreading the institution of slavery into new territories and states.

States' Rights

The political powers held for the state governments rather than the federal government, according to the United States Constitution.

Abolitionists

People who advocated for the immediate emancipation of slaves and the end of racial discrimination and segregation, primarily active during the 18th and 19th centuries.