In terms of mercantilism, what is protectionism?

Aa political policy that states that a nation should take over foreign ports by force if necessary to insure healthy trading relations
Ban economic policy in which a nation spends a great deal of money on its navy in order to defend it merchant ships
Ca trade policy that involves undercutting the prices of other an nation's goods at all costs
Da trade policy the encourages exports while discouraging imports, mainly through tariffs

Verified Answer :

Neuron

The correct answer to your question would be D - A trade policy that encourages exports while discouraging imports, mainly through tariffs.

The reason why this is the answer is because protectionism in its essence tries to restrain, limit and make trade less prominent between two nations by doing exactly that; encouraging exports and discouraging imports. This can be done in many ways. The idea behind this is that this serves and protects the interest of one nation (the protectionist one) and "evens out" the trading playing field.

The answer is D :) because I just took the test and it was right but maybe it not be for you idk