28538
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Economic Policy

Question 28538 • MNPS Economics FTC 25-26

The government of Country B has decided to stop trading with outside nations in the hope of boosting demand for domestic goods. This is an example of [___].

Answer
A
regulatory policy
B
trade policy
C
monetary policy

Explanation

Stopping trade with outside nations directly changes the country’s rules for imports and exports. That is trade policy; monetary policy concerns the money supply and interest rates, while regulatory policy sets rules for domestic activities.

AI-written and checked against the verified answer.

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