State policy aimed to protect domestic producers against foreign competition through the use of tariff, quotes and non-tariff policy instruments is…

CA Foundation · Business Economics · PYQS · January 2026
State policy aimed to protect domestic producers against foreign competition through the use of tariff, quotes and non-tariff policy instruments is called:
(A) A. Protectionism
(B) B. Distortions
(C) C. Safeguard
(D) D. Blanket cover

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Protectionism

Topics: International Trade

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