The term protectionism, when applied to international trade, refers to ________.
A)governmental restrictions and competitive support actions to affect trade flows
B)payments to dock workers to prevent pilferage of imported shipments
C)border checks to prevent entry of illegal aliens
D)methods used to prevent intellectual property theft

Question

Quizplus · Accepted Answer

Protectionism involves the use of governmental restrictions and competitive support actions that affect trade flows between countries. This can include measures such as tariffs, quotas, and subsidies to protect domestic industries.

The Term Protectionism, When Applied to International Trade, Refers to ________