Protectionism and free trade
Protectionism and free trade
Protectionism is the deliberate use of government policy to restrict imports and shield domestic producers from foreign competition. It may make imported goods more expensive, limit how many enter the country, or make importing more difficult.
Step-by-step lessons on CIE Intl A Level Economics 6.2.1 meaning of protectionism in the context of international trade. Each one builds up to exam-style questions.