Georgia Assessments for the Certification of Educators GACE Practice Test

Disable ads (and more) with a membership for a one time $2.99 payment

Question: 1 / 50

An advantage of protectionism for countries that implement it is that it:

Encourages economic growth

The correct answer recognizes that protectionism can provide advantages, particularly by promoting specific economic growth in certain sectors. Countries that implement protectionist measures, such as tariffs and trade barriers, often aim to shield their domestic industries from foreign competition. This allows local businesses to grow and stabilize, which can lead to increased production and potentially contribute to the overall economic growth of the country. Over time, this can create a more secure base for emerging industries and provide opportunities for innovation and development within those sectors. The other choices may highlight potential benefits but fall short of accurately representing the primary advantage of protectionism. While protecting domestic jobs can be an immediate effect, it does not guarantee long-term job security or overall economic health. Improving global competitiveness is typically associated with free trade, not protectionism, which may limit a country's engagement in the international market. Additionally, prevention of corruption is generally not a straightforward outcome of protectionist policies, as corruption can occur in various economic systems regardless of trade practices.

Ensures that domestic jobs will be retained in the short term

Improves the country's global competitiveness

Prevents corruption

Next

Report this question