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Shielding home industries from outside competition with artificial barriers is:
AProductionism
BProjectionism
CProtectionism
DProgressivism
Answer & Solution
Correct answer: C. Protectionism
1. Tariffs and quotas are its tools.
2. Free trade is the opposite policy.
3. It is protectionism.
_Source: OpenStax Introduction to Business, Chapter 3, Competing in the Global Marketplace._
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