Protectionism and free trade
Protectionism and free trade
Protectionism is the use of trade barriers, such as tariffs, quotas and subsidies, to reduce foreign competition. Its supporters argue that it can protect industries, employment and national interests.
Step-by-step lessons on CIE Intl A Level Economics 6.2.3 arguments for and against protectionism. Each one builds up to exam-style questions.