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Question
The term protectionism, when applied to international trade, refers to governmental restrictions and incentives to affect trade flows.
Answer
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Related questions
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Which of the following is true about projected demographic changes up to the year 2050 that could affect future production and sales locations?
A) The share of the working population should rise in developed countries and fall in developing countries.
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Describe total quality management.
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A) multidomestic
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B) the industry's product is a commodity
C) entry barriers are low for new firms
D) suppliers have little bargaining power