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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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In terms of mercantilism, what is protectionism?

A. A political policy that states that...
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