Under a protectionist policy of importing and exporting goods, the United States would

Question

Quizplus · Accepted Answer

Under a protectionist policy, a country seeks to decrease imports and promote domestic production. This is done by implementing trade sanctions, tariffs, and quotas which would limit the amount of imports. Therefore, option D is the correct answer. Option A is not correct because the policy can lead to inflation and reduction in the value of the dollar. Option B is partially correct as the policy may involve ensuring national security, but only for certain types of products. Option C is also partially correct as the policy may involve regulatory agencies, but only to ensure that imported goods meet certain standards, not just safety.

Under a Protectionist Policy of Importing and Exporting Goods, the United