The purpose of enacting some type of protectionist policy toward foreign goods is to limit competition from abroad, particularly when the country has domestic companies that produce and sell the same products and services.

Question

Quizplus · Accepted Answer

Trade protectionism is the use of government regulations to limit the import of goods and services. Advocates believe it allows the domestic firms to survive and grow.

The Purpose of Enacting Some Type of Protectionist Policy Toward