Protectionism involves all of the following EXCEPT
A) tariffs against firms outside the country.
B) imposing taxes on firms outside the country.
C) imposing regulations on firms outside the country.
D) liberalizing restrictions on the import of foreign goods.
E) Protectionism involves all of the above.

Question

Quizplus · Accepted Answer

Protectionism involves measures like tariffs, taxes, and regulations to restrict foreign competition, not liberalizing import restrictions.

Protectionism Involves All of the Following EXCEPT