Tariff and nontariff barriers are key tools most important to which economic strategy?
A) import substitution
B) centralized developmentalism
C) liberalism
D) export-oriented industrialization

Question

Quizplus · Accepted Answer

Import substitution relies on tariff and nontariff barriers to protect domestic industries from foreign competition by making imported goods more expensive and less attractive to consumers.

Tariff and Nontariff Barriers Are Key Tools Most Important to Which