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The use of trade to protect a nation's industries from foreign competition is called?
protectionism........
Why do developing countries often subsidize manufactures in growing industries?
To protect them from foreign competition
What mercantilist policy was designed to protect local industries from foreign competition?
Tariffs increased the price of imported goods
The economic policy advocating government protection of domestic agriculture and industries from foreign competition by institution of tariffs quotas or other restrictions on foreign imports is called?
protectionism
What is intended to protect domestic industry?
PROTECTIVE tariff
What tariff raised taxes in the 1920s?
The Fordney-McCumber Tariff of 1922 protected US agriculture and other industries from foreign competition.
What protected American industry from foreign competition?
Tariffs
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
What is the policy of protecting domestic industries from foreign competition by placing tariff on imports?
protectionism
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 point did Alexander hamilton make in his report on manufactures?
American manufactures should be protected from foreign competition
What policy was designed to protect local industries from foreign competition?
Tariffs increased the price of imported goods
What mercantilist policy was designed to protect local industries from foreign competition?
Tariffs increased the price of imported goods
Those who favor protective tariffs argue that?
protecting domestic industries from foreign competition. all of the above (NovaNet)
