What is called protection of domestic producers by impeding or limiting the importation of foreign goods and services ?
Correct answer: B. Protectionism
- A. Domestication
- B. Protectionism
- C. Localization
- D. National interest
Explanation
Protectionism is the policy of shielding domestic producers from foreign competition through measures such as tariffs, quotas, or import restrictions. The other terms do not specifically describe limiting imports.
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