In terms of mercantilism, what is protectionism?
A. A political policy that states that...
History, 18.03.2020 22:01 LilFreaky666
In terms of mercantilism, what is protectionism?
A. A political policy that states that a nation should take over foreign ports by force if necessary to insure healthy trading relations.
B. An economic policy in which a nation spends a great deal of money on its navy in order to defend it merchant ships.
C. A trade policy that involves undercutting the prices of another nation's goods at all costs.
D. A trade policy that encourages exports while discouraging imports, mainly through tariffs.
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