Business
Business, 23.07.2020 22:01, smart1212

Protectionism is the use of trade barriers to shield domestic firms from foreign competition. Protectionism is usually justified on the basis of several arguments which include: A. protecting national security, promoting the wants of select industries, and saving jobs. B. saving jobs, protecting infant industries, and protecting national security. C. protecting high wages, protecting national security, and maintaining high prices for imports. D. protecting high wages, protecting mature industries, and protecting national security.

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Protectionism is the use of trade barriers to shield domestic firms from foreign competition. Protec...

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