Protectionism is:
A) the suggestion that importers should obtain a license in order to engage in international trade.
B) the relaxing of restrictions on imports.
C) the use of government policy to protect domestic businesses from foreign competition.
D) a tax on exports.
Correct Answer:
Verified
Q63: Complete specialization by countries does not occur
Q64: Complete specialization by countries does not occur
Q65: Complete specialization by countries does not occur
Q66: The practice of using uniform, secure containers
Q67: _ is the use of government policy
Q69: _ is a tax on imports that
Q70: _ is a quantity restriction on imports
Q71: _ is a law that requires importers
Q72: _ is a quantity restriction on imports
Q73: A voluntary export agreement is:
A) a requirement
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