a) Reasons

0.0(0)
Studied by 0 people
linked notesNote
call kaiCall Kai
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
GameKnowt Play
Card Sorting

1/3

encourage image

There's no tags or description

Looks like no tags are added yet.

4 Terms

1
New cards

  • protectionism


  • the restriction of international trade to protect domestic firms from global competition


2
New cards

  • the aims of protectionist policies


  • to encourage firms to switch to domestic producers

  • to make domestic firms more competitive


3
New cards

  • the reasons a government may implement protectionist policies


  • to support infant firms

  • to reduce foreign dependency

  • to reduce a current account deficit

  • to reduce structural unemployment


4
New cards

  • n/a


  • n/a