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A government boycott is a partial restriction against the purchase and importation of certain goods and/or services from other countries.

A) True
B) False

1 Answer

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Final answer:

A government boycott is indeed a form of protectionism and is a partial restriction against the importation and purchase of goods and services from another country to apply economic pressure or promote political change.

Step-by-step explanation:

A government boycott is indeed a partial restriction against the purchase and importation of certain goods and services from other countries, often with the intent of applying economic pressure in response to political, social, or environmental issues. These measures are a part of protectionist trade policies. Governments may use various forms of trade barriers such as tariffs, import quotas, and non-tariff barriers to discourage the importation of goods and protect domestic industries from foreign competition. A boycott like this can also be accompanied by complete sanctions, which prohibit all trade with a country—for example, the economic measures taken against Iran due to its nuclear activities. The reverse of protectionism is to engage in free trade agreements to encourage trade by reducing such barriers.

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