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One of the Reasons Given for the Imposition of a Protectionist

Question 14

Multiple Choice

One of the reasons given for the imposition of a protectionist policy such as a tariff is to


A) aid other nations in developing their own industries.
B) increase the welfare of foreign consumers.
C) increase the welfare of domestic consumers.
D) protect domestic workers from foreign competition.
E) slow domestic production.

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