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Question
Protectionism refers toA. the practice of purchasing products exclusively from a domestic market in order to shore up a nation's economy.
B. the use of tariffs, quotas, and boycotts with the express intention of putting foreign competitors out of business.
C. the practice of shielding one or more sectors of a country's economy from foreign competition through the use of tariffs or quotas.
D. a form of domestic imperialism that holds that only those products manufactured within one's home nation are of sufficient quality to warrant purchase.
E. the practice of purchasing products exclusively from a foreign developing country in order to develop its industries and economic infrastructure.
Answer
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