Which of the Following Is a Form of Protectionist Policies

question 16

Multiple Choice

Which of the following is a form of protectionist policies?

• A) patents
• B) tariffs
• C) foreign direct investment
• D) bribes

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Definitions:

Eli Whitney

Known for inventing the cotton gin, a revolutionary device that greatly impacted the agricultural and industrial sectors by dramatically increasing the efficiency of cotton harvesting.

Pure Service

Describes businesses or offerings that are based entirely on providing intangible services, rather than physical products.

Counseling

A professional service providing advice, guidance, and support to individuals or groups to improve their well-being and resolve personal or psychological challenges.

Heart Transplant

A surgical procedure that involves replacing a patient's failing or diseased heart with a healthy heart from a deceased donor.