Skip to content

Course home

6.2.1 meaning of protectionism in the context of international trade

What is protectionism?

A

Protectionism is government policy restricting imports to shield domestic producers from foreign competition.

B

Protectionism is government policy encouraging imports to increase competition between domestic and foreign producers.

C

Protectionism is government policy preventing domestic firms from exporting goods to foreign markets.

D

Protectionism is private-sector action reducing production to raise the price of domestic goods.

6.2.1 meaning of protectionism in the context of international trade Flashcards

  1. Intl A Level
  2. /Economics
  3. /6.2.1 meaning of protectionism in the context of international trade

20 flashcards on CIE Intl A Level Economics 6.2.1 meaning of protectionism in the context of international trade: the key terms and definitions you need to recall.