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The policy of using trade barriers to protect domestic industries from foreign competition is called a. free market. c. managed trade. b. protectionism. d. free trade.The policy of using trade barriers to protect domestic industries from foreign competition is called

a. free market.
c. managed trade.
b. protectionism.
d. free trade.

2 Answers

0 votes

The correct answer is A.

answered
User Megalomono
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6 votes
a. free market.
c. managed trade.
b. protectionism.
d. free trade.

It's neither a or b because the answer we are looking for is limiting the foreign industries, it's not free.

c can do both good and bad because it's just managing.

So I'll go with B, which protects domestic goods.
answered
User Husseinbaalbaki
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8.0k points