What is are the advantages and disadvantages of protectionism?


you are protected are some of the advantages and disadvantages that you have not freedom. Source(s) *
Q&A Related to "What is are the advantages and disadvantages..."
When countries allow their companies and citizens to engage freely in international trade, the marketplace ensures that they export those goods they can produce the most efficiently
Protectionism basically refers to all those policies that try to impose such practices that protect local firms so that they have some advantage over the foreign firms. Some advantages
Well, without trade, you would have to find/produce/beg for everything you need or want all by yourself. It is very difficult to live without at least some trading. As for disadvantages
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