One Argument for Protectionism Is That It
Efforts of a developing country to diversify. Immigration is largely not free so many of its. Print Of Fiscal Inquiry Free Trade Versus Protectionism In 2021 One Decade Inquiry Fiscal Protection of Strategic Industries. . Tariffs import quotas and nontariff barriers. It is argued that government should go in for protectionist measure to protect infant industries or else they will not get an opportunity to survive due to international trade. Protectionism is a government-imposed trade policy by which countries attempt to protect their industries and workers from foreign competition. Question 1 o One argument for protectionism is that it O creates a more loyal and hardworking domestic workforce. It protects new industries. One argument for protectionism is that if infant industries or late industrializers are sheltered from international competition until they can survive will allow for these industries to eventually become ...