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.

work even when other countries retaliate with their own trade barriers.

Question

Business

Maddox Hensley

26 January, 20:56

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.

work even when other countries retaliate with their own trade barriers.

+3

Answers (1)

Know the Answer?

Emilia Baxter · Answer 1

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

Explanation:

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