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17 May, 08:34

Which of the following best explains the purpose of protectionist trade

policies such as tariffs and subsidies?

A. They give foreign competitors access to new markets around the

world.

B. They allow producers to sell their products more cheaply than

foreign competitors.

C. They make sure that governments have enough money to pay for

fiscal policies.

D. They enable producers to purchase productive resources from

everywhere in the world.