Artificial intelligent assistant

why is free trade protectionism

Protectionism is the economic policy of restricting imports from other countries through methods such as tariffs on imported goods. Proponents argue that protectionist policies shield the producers, businesses, and workers of the import-competing sector in the country from foreign competitors. Some scholars, such as Douglas Irwin, have implicated protectionism as the cause of some economic crises, most notably the Great Depression.

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