In the context of international trade restrictions, governments tend to use protective _____ to shelter industries that are crucial to the domestic economy.
A) export duties
B) quorums
C) tariffs
D) voluntary export restraints

Question

Quizplus · Accepted Answer

Governments use tariffs as a protective measure to increase the cost of imported goods, making them less competitive compared to domestic products, thereby sheltering crucial domestic industries.

In the Context of International Trade Restrictions, Governments Tend to Use