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      Question

      What are the two main forms of protection used to shield

      domestic industries from foreign competition in an inward- looking trade strategy?Β 
      A Tariffs and subsidies Correct Answer Incorrect Answer
      B Quotas and subsidies Correct Answer Incorrect Answer
      C Tariffs and price controls Correct Answer Incorrect Answer
      D Tariffs and quotas Correct Answer Incorrect Answer

      Solution

      The correct answer is D

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