Protectionism is way of protecting the local markets by imposing tax , quotas and tariffs to trade products with this imposition on import products locally made products have a chance to fight in terms of low pricesIf we close our self from the world by monitoring or imposing high taxes on trade to get to people purchase local goods consequently it might save the local economy but its not only what is at stake , we are limiting the business leader of our own economy to prosper by she ltering them from harsh parameter and we a! re exempting the impact of our citizens for we violate their right and /or underground to choose . A country cannot stand alone it postulate allegiance with other nation to survive and help to make it prosper it also helps the culture to flourish by shift of thoughts and knowledge , the citizens learn to adapt to certain changes and are assailable to new ideologies and learn cope with change of the world .ReferencesAtwood , B (1999 ) trade not aid Christian Science varan , July 6 9Barbieri , K (2000 ) Globalization : trade and conflict mad York Mc-Graw HillBorrus , M (1999 ) Mercantilism and Security N .J : Prentice manor hall ...If you want to get a full essay, order it on our website: BestEssayCheap.com
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