Worries about international competition often lead domestic producers to call for __________.

Question

Quizplus · Accepted Answer

Domestic producers often call for protectionism, which involves enacting trade barriers such as tariffs or quotas to protect domestic industries from foreign competition. This is a form of economic nationalism that prioritizes domestic interests over global trade and can have negative effects on international relations and economic growth.

Worries About International Competition Often Lead Domestic Producers to Call