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Which is intended to protect domestic industry?
censorship
taxation
antitrust law
tariff
Help please I’ll make u the brainliest if right

Respuesta :

haleigh62
Tariffs is the answer, Tariffs are usually levied by domestic governments to protect new industries against foreign competition, to protect aging industries against foreign competition, to protect against foreign companies offering their products for a price lower than their costs and to raise revenue.

The correct option is D which is Tariff. By increasing the price of their rivals' products, tariffs are intended to protect the domestic industry.

How does the tariff impact the domestic economy?

Tariffs and other trade restrictions increase the cost of goods and services for American companies and consumers while reducing their supply, which lowers income, employment, and economic production.

Thus, Tariffs aim to protect indigenous businesses by driving up the cost of goods produced by rivals. Tariffs, however, can also harm local firms in adjacent industries while driving up consumer prices. In the protected industries, tariffs can also reduce competition.

Learn more about Tariff here:

https://brainly.com/question/23064392

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