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DENIUS [597]
3 years ago
15

In terms of mercantilism, what is protectionism?

History
2 answers:
scoray [572]3 years ago
6 0
Protectionism is the belief of a country protecting domestic industries from foreign competition resulting in taxation of imports.
mafiozo [28]3 years ago
3 0
Protectionism<span> is the </span>economic policy<span> of restraining </span>trade<span> between states (countries) through methods such as </span>tariffs<span> on imported goods, restrictive quotas</span><span>, and a variety of other government regulations designed to allow (according to proponents) fair competition between imports</span><span> and goods and services produced domestically.</span><span />
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