Those in favor of protectionism argue that it
A)helps reduce tariffs and quotas.
B)encourages the development of domestic industries.
C)encourages economic reliance on foreign countries.
D)creates opportunities for the outsourcing of domestic jobs.
E)creates a more favorable environment for a global economy.

Question

Quizplus · Accepted Answer

Those in favor of protectionism argue that it encourages the development of domestic industries by reducing foreign competition and giving them a chance to grow and compete in the local market.

Those in Favor of Protectionism Argue That It