Question

    What are the two main forms of protection used to shield domestic industries from foreign competition in an inward- looking trade strategy? 

    A Tariffs and subsidies Correct Answer Incorrect Answer
    B Quotas and subsidies Correct Answer Incorrect Answer
    C Tariffs and price controls Correct Answer Incorrect Answer
    D Tariffs and quotas Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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