Which of the following is not true about protectionism?
It reduces competition.
It may cause friction between nations.
It increases prices to consumers.
Tariffs and quotas protect domestic firms and jobs.
It is a revenue source for the provincial governments in Canada.

Question

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The Answer of Which of the following is not true about protectionism?
It reduces competition.
It may cause friction between nations.
It increases prices to consumers.
Tariffs and quotas protect domestic firms and jobs.
It is a revenue source for the provincial governments in Canada.

Which of the Following Is Not True About Protectionism