Multiple Choice
The term protectionism, when applied to international trade, refers to ________.
A) governmental restrictions and competitive support actions to affect trade flows
B) payments to dock workers to prevent pilferage of imported shipments
C) border checks to prevent entry of illegal aliens
D) methods used to prevent intellectual property theft
Correct Answer:
Verified
Correct Answer:
Verified
Q63: Countries sometimes fear that foreign producers are
Q64: In nearly half the cases in which
Q65: The rationale for the infant-industry argument for
Q66: What are common reasons that governments enact
Q67: Which of the following hypothetical examples would
Q69: Advocates of the comparable access argument for
Q70: A possible drawback to the essential industry
Q71: What is the most likely reason that
Q72: A physician, who is a citizen of
Q73: Countries typically establish export restrictions to encourage