the united states uses government regulations, such as tariffs, embargoes, and import quotas, to limit the…

the united states uses government regulations, such as tariffs, embargoes, and import quotas, to limit the import of goods and services and to protect u.s. industries against foreign competition. ________ is the use of these regulations.\na) domestic protectionism\nb) blocking\nc) trade protectionism\nd) dumping\ne) export protectionism

the united states uses government regulations, such as tariffs, embargoes, and import quotas, to limit the import of goods and services and to protect u.s. industries against foreign competition. ________ is the use of these regulations.\na) domestic protectionism\nb) blocking\nc) trade protectionism\nd) dumping\ne) export protectionism

Answer

Brief Explanations:

Trade protectionism involves using measures like tariffs, embargoes, and import quotas by a country to limit imports and safeguard domestic industries from foreign competition. Domestic protectionism focuses more on internal policies rather than trade - related ones. Blocking is a more general term not specific to trade. Dumping is about selling goods at a lower price in a foreign market. Export protectionism would be about protecting exports which is not the case here.

Answer:

c) Trade protectionism