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15 April, 23:38

Identify two actions a government can take to protect its domestic industries and describe the effects these actions have on domestic consumers

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  1. 16 April, 01:15
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    In order to protect its domestic industries, a government can apply tariffs to import. Doing so, the tariffs would make the prices of imported goods more expensive leading consumers to buy products that are made domestically. Also, the government can implement trade restrictions such as import quotas that decreases the import's supply and forces its people to buy domestic products at a higher price.
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