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Protectionism Refers to the Use of Trade Barriers to Shield

question 164

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Protectionism refers to the use of trade barriers to shield domestic firms from foreign competition.


Definitions:

The Northeast Trades

A term used to describe the trade winds in the northeastern part of the world that facilitate shipping and trade.

Iberian Peninsula

The southwesternmost region of Europe, comprising mainly Spain and Portugal.

Canary Islands

A group of Spanish islands located off the northwest coast of Africa, known for their distinctive landscapes and climate.

Queen Isabella

The Queen of Castile and Aragon who, along with her husband King Ferdinand, funded Christopher Columbus's 1492 voyage, leading to the discovery of the Americas.

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