17- Protectionism Flashcards
1
Q
What is protectionism?
A
The idea of protectionism is to stop imports (when people buy goods from other countries instead of from their own). Protects the economy from foreign competition
2
Q
What were the corn laws?
A
Prohibited the UK from importing grain from other countries when wheat prices went below a certain price
3
Q
Who exported a lot of wheat to Britain?
A
Lower Canada but upper Canada had a better climate so exported more
