All sectors of the domestic economy benefit from protectionist trade policies.

Name: All sectors of the domestic economy benefit from protectionist trade policies.
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Question

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Protectionist trade policies can benefit certain domestic industries by shielding them from foreign competition, but they can also lead to higher prices for consumers and retaliatory measures from other countries, potentially harming other sectors of the economy.

All Sectors of the Domestic Economy Benefit from Protectionist Trade