A policy that restricts trade to protect domestic producers is called a(n)

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A policy that restricts trade to protect domestic producers is known as a protectionist policy. This can be achieved through the use of tariffs, import quotas, and other trade barriers that limit the ability of foreign producers to compete with domestic producers. The aim of protectionist policies is to shield domestic industries from foreign competition and to give them a competitive advantage in the domestic market. However, such policies tend to increase prices for consumers and can lead to retaliation from other countries, which in turn can harm the domestic economy.

A Policy That Restricts Trade to Protect Domestic Producers Is