What is the term for the policy of restricting the importation of foreign products?

Question

Quizplus · Accepted Answer

The term for the policy of restricting the importation of foreign products is Protectionism. It is a policy or practice enabling domestically produced goods to compete with foreign products bycreating trade barriers such as import tariffs and quotas. The ultimate aim is to safeguard domestic industries and employment opportunities from foreign competition.

What Is the Term for the Policy of Restricting the Importation