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For the same reasons all governments do so. To safeguard and enhance its own economic stability.

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Q: Why did the German government protect its business from foreign competition?
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Related questions

Who adopted the Fordney-McCumber Tariff to protect business in from foreign competition?

united states


The tariffs would raise money for the government and protect American industries from foreign competition. Who opposed the tariffs and why ?

The south because they had little industry .


What can help to protect America from foreign competition?

The power to tax.


How did the US' laissez-faire economic policies benefit business during industralization?

Congress had imposed new tariffs to protect American industry from foreign competition.


The purpose of a protective tariff is to?

protect home industries from foreign competition


The use of trade to protect a nation's industries from foreign competition is called?

protectionism........


What is the purpose of a purpose of a protective tariff?

protect home industries from foreign competition


Why do developing countries often subsidize manufactures in growing industries?

To protect them from foreign competition


Raised tariffs in an effort to protect American industry from foreign competition?

Fordney-McCumber act


Role of consul in foreign relations?

An official appointed by a government to live in a foreign city and protect and promote the government's citizens and interests there


What policy was designed to protect local industries from foreign competition?

Tariffs increased the price of imported goods


What do government regulation of the free market is require to do?

Ensure competition and protect consumers