Many use the protection of domestic industries and national security as reasons for the erection of trade barriers.

Name: Many use the protection of domestic industries and national security as reasons for the erection of trade barriers.
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Question

Quizplus · Accepted Answer

This statement is true. Many countries use protectionist measures such as tariffs and quotas to protect their domestic industries from foreign competition and also to safeguard national security interests.

Many Use the Protection of Domestic Industries and National Security