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A minister lists the three main forms protectionism takes. Along with import quotas and nontariff barriers, the third is:
ATariffs
BRebates
CCoupons
DBursaries
Answer & Solution
Correct answer: A. Tariffs
1. All three restrict imports.
2. One of them is a tax at the border.
3. It is tariffs.
_Source: OpenStax Principles of Economics 3e, Chapter 34, Globalization and Protectionism._
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