1.5

Question 1

Protectionist measures

Answer 1

Policies that the government use to protect their own business against foreign competition

Question 2

Tariff

Answer 2

A tax on foreign goods imported into a country

Question 3

Imports

Answer 3

Goods and services purchased from overseas by consumers of business

Question 4

Quota

Answer 4

A limit on the number of foreign goods imported into a country