Select the correct answer. What was one effect of the US protectionism policy after World War I? A. inflation in Europe and Asian countries B. higher taxes on foreign imports C. deflation in the United States C D. increased migration to the United States

## Step 1<br />The question is asking about the effects of the US protectionism policy after World War I. Protectionism is an economic policy that restricts imports from other countries through methods such as tariffs on imported goods, import quotas, and a variety of other government regulations. These policies are designed to protect domestic industries from foreign competition.<br /><br />## Step 2<br />The options provided are:<br />A. Inflation in Europe and Asian countries<br />B. Higher taxes on foreign imports<br />C. Deflation in the United States<br />D. Increased migration to the United States<br /><br />## Step 3<br />We need to identify which of these options is a direct effect of the US protectionism policy.<br /><br />## Step 4<br />Option B, "higher taxes on foreign imports", is a direct effect of the US protectionism policy. This is because the policy involves imposing higher taxes on foreign imports to protect domestic industries.