Explain and provide an example of how populist and nativist sentiments can influence the economic policies of a country.
What will be an ideal response?
Democracies may be more prone to the kinds of populist or nativist leaders who encourage the protection of domestic industries at the expense of greater economic growth available through free trade and comparative advantage. Sometimes populist or nativist sentiment grows within a country, and a leader gets elected on a populist or nativist platform. Donald Trump was elected on a platform to “Make America Great Again” and return jobs to American workers. One way he tried to do this was by implementing tariffs against Chinese goods. While this had backlash in the form of counter-tariffs and reduced opportunities, it did make pricing more competitive for some goods produced domestically in the United States, as many of his supporters wanted.
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What is deregulation in the American political economy?
a. an increase in the barriers to economic productivity b. the elimination of business and environmental regulations c. the removal of barriers to productivity and growth d. the removal of barriers to the collection of taxes
User fees clearly pursue which of the following?
a. The equity principle b. The accountability principle c. The benefit principle d. The mandate principle
How do fascist leaders attempt to control their citizens?
a) By mobilizing their followers into a mass movement b) By making sure that all the people in the nation are free from war and safe c) By encouraging individualism as a means to freedom d) All of the above
Which of the following will have a major effect on presidential power?
A) the times and circumstances in which that power is being exercised B) the policy area involved C) the situation in which that power is being exercised D) all of the above E) none of the above