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impose taffrifs on goods being imported and limiting import quotas to promote fair competition with domestic traders

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13y ago

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What type of tariff is used to fight against protectionist policies by another country?

Retaliatory.


To fight against protectionist policies by another country?

To fight against protectionist policies by another country, a country can engage in diplomatic negotiations to address trade barriers, utilize the World Trade Organization dispute settlement mechanism for resolution, and explore retaliatory measures to encourage compliance with international trade agreements. It is important for countries to uphold free trade principles and work towards resolving trade disputes through dialogue and negotiation.


What are protectionist trade policies designed to do?

Protectionist trade policies are designed to shield domestic industries from international competition by imposing barriers such as tariffs, quotas, and subsidies. The main goal is to protect local jobs, industries, and markets from foreign competition and to support economic growth and stability within the country.


What does it mean for a country to place economic sanctions on another country?

Economic sanctions are domestic penalties applied from one country to another. Usually it involves trade barriers and restrictions on financial transactions.


What is anything that slows down the exchange of goods with another?

Trade barriers, such as tariffs, quotas, and regulations, can slow down the exchange of goods with another country. These barriers can create additional costs, paperwork, and delays in the trading process.


What is it called when someone aides another country in a war against their own country?

Treason.


Warlike action by one country against another?

Invasion


What is it called when you are prejudiced against people from another country?

Legendary


Who is against independence?

The country colonizing another country. The captives will cry for an independence but the colonizing country will prevent it from happening.


What is it called when one country stops trading with another country to protest against their actions?

Embargo!


What is a Belligerent Country?

One eager to fight; "aggressive acts against another country"; "a belligerent tone"


What is the type of PROTECTionist tradE Restriction that sets a physical limit on the quantity of a good that can be imported into a country in a given period of time?

Quota.