Protectionism vs. Free trade
Protectionism is the economic policy of restraining trade between states to prevent foreign take-over of domestic markets and companies.
Free trade is a system of trade policy that allows traders to act and or transact without interference from government.
Make your choice
debate | economics | economy | export | free-trade | globalisation | mercantilism | Politics | protectionist | tariffs | taxesFree trade
-
due to want to trade overseas
Low taxation, low tariff, a free market economy with light touch regulation nationally and internationally are the only proven ways towards a sustained capital economy. The fortune of nations like individuals must adapt or perish based on a survival of the fittest and ablest.