Select the statement that indicates retaliatory proctectionism

Law

1 answer:

Galina-37 [17]3 years ago

5 0

<u>Answer:</u>

"Soon after, nation Y increased tariffs on imports of precious metals from country X" indicates retaliatory protectionism.

<u>Explanation:</u>

A policy that prevent and give coverage to domestic industries from external unfair competition is called as "Trade protectionism". Protectionism is a defensive measure which has a political motivation. It does work in the short run.

The four central instruments are quotas, tariffs, subsidies and manipulation of the currency in order to boost the domestic production of goods and services. Protectionism deducts the consumers and workers of low-wage commodities in the developed countries.

You might be interested in

1. Many of the results of the National Crime Victimization Survey are found in the Publications and Products section. There you

ki77a [65]

Answer:

Explanation:

White people are least likely to be attacked by someone of a different race. I think that the percentages are so high for perpetrators and victims being of the same race because people of the same race tend to live closer together. For example, in Northwest, Ohio the population is majority white, while in Southern California, the population is mainly Hispanic people.

7 0

3 years ago

Lois considers herself an act utilitarian. Accordingly, which of the following statements is Lois MOST likely to make?

Ilia_Sergeevich [38]

Answer:

its c

Explanation:

3 0

3 years ago

. cases involving injury or damage *

erik [133]

Answer:e