Select the correct answer.

What is a country practicing when it tries to shelter its domestic industry from foreign competition?

A. embargoes
B. dumping
C. protectionism
D. tariff wars



Answer :

Final answer:

Protectionism in international trade involves shielding domestic industries through policies like tariffs, import quotas, and nontariff barriers.


Explanation:

When a country tries to shelter its domestic industry from foreign competition, it is engaging in protectionism. Protectionism involves implementing policies like tariffs, import quotas, and nontariff barriers to limit international trade and protect domestic producers and workers.


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