Question

Protectionist measures designed to limit free trade and protect domestic jobs

Question 44 options:

never cause the loss of efficient production that all countries receive.


work only if other countries do not retaliate with their own trade barriers.


never result in the loss of access to less costly products and raw materials from other nations.

Answer 1

The measures also support local producers and increase the attractiveness of local goods.

Explanation:

Describes the actions that the government has taken to limit imports to protect local production companies from foreign competition, protect jobs and prevent the arrival of dangerous goods in the country.

For the following reasons, the measures taken by governments to restrict trade can be justified:

• Infant Business analogy

• To prevent joblessness

• To avoid disposal

• Because other countries using barriers to trade

• To avoid excessive specialization

• C / a deficit reversal

Answer 2

work only if other countries do not retaliate with their own trade barriers.

Step-by-step explanation:

The protectionist trade policies affect both countries as the retaliation of the counterparty generates that the overall trade diminish its quantity and quality.