When it sets controls to protect domestic industries by reducing foreign competition,the federal government is _____.
A)fighting corruption
B)restricting immigration
C)enacting trade legislation
D)practicing protectionism

Question

Quizplus · Accepted Answer

The federal government is practicing protectionism when it sets controls to protect domestic industries by reducing foreign competition. This involves measures such as tariffs, quotas, and other restrictions on imported goods to shield local businesses from overseas competitors.

When It Sets Controls to Protect Domestic Industries by Reducing