Protectionism uses trade barriers to protect foreign manufacturers from domestic competition. (True Or False)

Question

Social Studies

Macey

27 April, 21:18

Protectionism uses trade barriers to protect foreign manufacturers from domestic competition. (True Or False)

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Answers (2)

Know the Answer?

Lauren Lane · Answer 1

It is true because it is a custom or method of preserving the indigenous farmers of a commodity from the immigrant opposition by monumental tax, allowance, duties or additional restriction on transportation.

Leila Yu · Answer 2

True. why? because protectionism is the use of trade barriers to protect local companies & their workers.