For your argument r For Protectionism come up with 2 arguments to su.pdf

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For your argument r For Protectionism come up with 2 arguments to support your position. Hint: the more facts you have, the easier it is to defined your position. Post your arguments, being sure to indicate your assigned position as your subject line. Solution Protectionism: Protectionism refers to all policies and measures to restrict and restrain a nation\'s exposure to international trade with other nations by the government. In simple terms it imposes barriers on mainly on imports (goods, investment, labor) of the economy. Few measures include tarrif on imported trade, Quota, Licensing etc. In the arena of Globalization, economies are extending their arms to other economies for trade and economic integration. To which economic blocks, unions, agreements etc have come into existence. One of the highest level of economic integration is practiced by European Union. But still economies are practicing protectionsim to protect their nation from some ill effects of globalization. The following two arguement in favour could be the reasons for which Protectionism could have been given excuse:.

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