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wrote...
Posts: 208
A month ago
A possible reason to impose a protectionist policy such as a tariff is to:

▸ protect domestic workers from foreign competition.

▸ aid other nations in developing their own industries.

▸ increase the welfare of domestic consumers.

▸ slow domestic production.
Textbook 

Microeconomics: Principles, Applications, and Tools

Edition: 8th
Authors:
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wrote...
Posts: 223
A month ago
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protect domestic workers from foreign competition.
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A month ago
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