The nations practice the policy of protectionism in order to safeguard the jobs and livelihood, maintain good relations with other nations, and fight against unfair practices.
Options A, C, and E are the correct answers.
Protectionism is a kind of policy exercised to regulate imports from outside by making them costly.
Under the policy of protectionism, the imports can become expensive by putting trade restrictions like charging tariffs, putting imports quotas, etc. this decrease the profitability of imported goods. This policy safeguards the workers, companies, and manufacturers when engaging in competition with other nations.
Therefore, the explanation provided in points A, C, and E are specifying the reasons for the use of protectionism policy by nations.
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