"Protection" is designed to help
A)firms whose relative inefficiency does not permit successful competition with imports.
B)workers who have very high productivity, and cannot survive against low-paid foreign workers.
C)government that needs revenue from tariffs and quotas to cover government spending.
D)firms that are highly efficient and cannot survive against low-price foreign imports.

Question

Quizplus · Accepted Answer

Protectionism is usually used to save domestic industries that are struggling to compete against foreign imports due to their inefficiency. The government imposes tariffs, quotas, or other trade barriers on imported goods to make them more expensive than domestic products, giving local industries a chance to compete.

"Protection" Is Designed to Help