What is nationalism?
AA national consciousness that boosts one country over all others
BA policy of taxing goods that arrive from other countries
CA rule requiring firms to employ only citizens of a country
DA programme of state ownership of major national industries
Answer & Solution
Correct answer: A. A national consciousness that boosts one country over all others
1. Nationalism is a sense of national consciousness.
2. It boosts the culture and interests of one country over those of all other countries.
3. Strongly nationalistic countries often discourage investment by foreign companies.
4. In less radical forms the government simply takes actions that hinder foreign operations.
5. Taxing imports is a tariff and state ownership is a separate policy.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 3 "Competing in the Global Marketplace", section 3.7 Threats and Opportunities in the Global Marketplace_
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