An attempt to build exporting opportunities abroad through better relationships with other countries is called protectionism.

Question

Quizplus · Accepted Answer

Protectionism is actually the opposite of building exporting opportunities abroad. Protectionism refers to the policy of restricting imports and promoting domestic industries through measures such as tariffs, quotas, and subsidies. The goal of protectionism is to shelter domestic industries from foreign competition, not to improve relationships for exporting opportunities.

An Attempt to Build Exporting Opportunities Abroad Through Better Relationships