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Tax breaks, loans, and guaranteed high prices are examples of what type of protectionism?

Sagot :

Tax breaks, loans, and guaranteed high prices are examples of subsidies protectionism.

What is Protectionism?

Protectionism refers to government policies that help to boost domestic industries while restricting international trade. The objective of protectionist policies is usually to improve the economic conditions within a domestic economy. The protectionist policies can also be implemented for improving the quality of products or safety concerns. There are different protectionist policies and tools that a government can use to implement and improve economic activity such as tariffs, product standards, import quotas, and subsidies.

Therefore, tax breaks, guaranteed high prices, and loans are examples of subsidies protectionism.

You can learn more about Protectionism at https://brainly.com/question/28161107

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