ryanez6275 ryanez6275
  • 19-03-2024
  • Business
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Why isn't increased protectionism a surefire way to reduce the trade deficit?
A) It reduces imports but may also reduce exports.
B) It increases tariffs but decreases domestic production.
C) It encourages domestic industries but hampers international relations.
D) It raises prices for consumers but lowers production costs.

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