Which of the following actions might be part of a protectionist economic policy?

a. reducing barriers to trade

b. signing free trade agreements

c. cutting tariffs on imported goods

d. establishing quotas on imports

The correct answer is letter (C) cutting tariffs on imported goods. In economics, the perfectionist economic policy is referred to as the restraining trade between states or countries) with a method of tariffs on imported goods, variety of other government regulations to create fair competition.