Protectionism refers to trade barriers to protect domestic companies and their workers from foreign competition.

Name: Protectionism refers to trade barriers to protect domestic companies and their workers from foreign competition.
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Protectionism involves the use of trade barriers such as tariffs, quotas, and subsidies to shield domestic industries from foreign competition. This is done to protect jobs and industries within the country.

Protectionism Refers to Trade Barriers to Protect Domestic Companies and Their