The right answer is community settings :D
A protectionism policy is any policy that is designed to reduce the competitiveness of foreign producers in the domestic market.
The protectionism policy helps to protect the domestic industries against the foreign competition through various means methods including
- Imposition of tariffs
- Subsidies
- Import quotas
- Trade restrictions.
The policy of protectionism are determined by the Federal government of the country to help reduce the importation or competitiveness of foreign company in the country's market.
In conclusion, the policy is known as a protectionism policy.
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<em>brainly.com/question/3279101</em>
Answer:
budget surplus of $2 million
Explanation:
When income or receipt increases from the outlay, then budget surplus arises. Whereas when outlay increases from the income or receipts the budget deficit arises.
Revenue Collection for the year = $15 million
Government outlay for the year = $13 million
Budget Surplus / Deficit = $15 million - $13 million = $2 million budget Surplus