The argument for protectionism is that it
A)protects a nation's political security.
B)encourages economic reliance on foreign countries.
C)inhibits the development of domestic industries.
D)creates opportunities for the outsourcing of domestic jobs.
E)creates a more favorable environment for a global economy.

Question

Quizplus · Accepted Answer

Protectionism allows a nation to protect its political security by limiting foreign influence on its economy and trade relationships. By implementing policies such as tariffs and quotas, a country can limit its exposure to foreign nations and protect its domestic industries.

The Argument for Protectionism Is That It