Question

_________ : the use of protective tariffs to favor domestic industries.

a. emabrgo
b. import quota
c. protectionism
d. voluntary trade restriction

Answer 1

i would think the answer would be C) because protective tariff is used to give inefficeient domestic industries an advantage

Answer 2

Import quota

Step-by-step explanation:

This is a form of restriction placed on imported commodities by the government in a given period in order to favor and encourage domestic industries.

This could be achieved by issuing import license on first come first serve basis , or to the highest bidder.Importers might also be invited to bid through tenders.

Other objectives include adjusting negative balance of payments ,price stabilization ,preservation of foreign exchange ,and to promote favorable bargain with foreign countries