_____ is a government's use of trade barriers to shield domestic companies and their workers from foreign competition.
A) Protectionism
B) Developmentalism
C) Economic nationalism
D) Centralism

Question

Quizplus · Accepted Answer

Protectionism refers to the government's use of trade barriers such as tariffs, import quotas, and subsidies to protect domestic industries and workers from foreign competition. Developmentalism and economic nationalism are related concepts but do not specifically refer to trade barriers. Centralism is not a term commonly used in economics or international trade.

_____ Is a Government's Use of Trade Barriers to Shield