_______ is an example of a trade protection mechanism.

Question

Quizplus · Accepted Answer

The trigger price mechanism is a trade protection mechanism used by countries to protect domestic industries from cheap imports. It involves setting a minimum price for the imported goods, below which duties or other trade measures are imposed. This mechanism helps domestic producers compete with cheaper imports without resorting to outright trade barriers. The other options listed are trade agreements or organizations that promote free trade and do not involve trade protection mechanisms.

_______ Is an Example of a Trade Protection Mechanism