Westonci.ca offers fast, accurate answers to your questions. Join our community and get the insights you need now. Discover precise answers to your questions from a wide range of experts on our user-friendly Q&A platform. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

Protectionism is used for all of the following reasons except _____.


Cant post answer too but it is: Keeping out Immigrants–Got a 100 on Gradpoint


Sagot :

Protectionism is used for all of the following reasons except for keeping out immigrants.

Protectionism sometimes referred to as trade protectionism, is the financial policy of restricting imports from other countries through techniques such as tariffs on imported goods, import quotas, and a variety of other government guidelines. Trade protectionism is a policy that protects home industries from unfair foreign competition. The 4 primary gears used in exchange protectionism are tariffs, subsidies, quotas, and currency manipulation.

However there are a few issues with protectionism As domestic manufacturers don’t want to worry about foreign competition, they haven't any incentive to innovate or spend resources on research and improvement (R&D) of recent products.

learn more about protectionism here https://brainly.com/question/1410852

#SPJ1