Protectionism is way of protecting the local markets by imposing tax , quotas and tariffs to import products with this imposition on import products locally made products have a chance to take in in terms of low pricesIf we close our self from the world by monitoring or imposing high taxes on trade to make people purchase local goods yesteryear it might save the local economy but its non unaccompanied what is at stake , we are limiting the force of our experience economy to wave by sheltering them from harsh rivalry and we are exempting the impact of our citizens for! we violate their right and /or freedom to convey . A country cannot stand alone it require committal with other nation to survive and help to make it prosper it also helps the culture to flourish by exchange of thoughts and association , the citizens learn to adapt to certain changes and are establish to new ideologies and learn cope with change of the world .ReferencesAtwood , B (1999 ) trade not aid Christian Science monitor , July 6 9Barbieri , K (2000 ) Globalization : trade and conflict newfound York Mc-Graw HillBorrus , M (1999 ) Mercantilism and Security N .J : Prentice foyer ...If you destiny to get a full essay, order it on our website: OrderEssay.net
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