Business Studies, asked by snehalmisal97, 2 months ago

industries are protected in which economy​

Answers

Answered by ITzCrazyBoy95
0

Answer:

Protectionism refers to government policies that restrict international trade to help domestic industries. Protectionist policies are usually implemented with the goal to improve economic activity within a domestic economy but can also be implemented for safety or quality concerns.

Answered by tannuapte818
1

Explanation:

Protectionism, policy of protecting domestic industries against foreign competition by means of tariffs, subsidies, import quotas, or other restrictions or handicaps placed on the imports of foreign competitors.

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