Legal and political practices such as quotas, tariffs, and business practice laws fall under the larger category of _____.

Respuesta :

There are lots of government practices. Legal and political practices such as quotas, tariffs, and business practice laws fall under the larger category of protectionism.

What is protectionism?

Protectionism is known to be a type of policy that is often applied in  protecting domestic industries against any kind of foreign competition through the use of tariffs, subsidies, import quotas, etc.

A common example of protectionism is simply the Common Agricultural Policy (CAP) of the European Union. The European Union is said to often imposes an amount of  tariff rates on a lot of agricultural markets.

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