What is proctectionists
Dear Student,
Protectionist is an advocate of government who restricts international trade to help the growth of domestic industries through the practise called Protectionism. A protectionist taxes import to shield the country's domestic industries from the foreign competition. The objective of protectionist policy is to improve and safeguard the domestic economy by stopping or minimising imports.
Regards.
Protectionist is an advocate of government who restricts international trade to help the growth of domestic industries through the practise called Protectionism. A protectionist taxes import to shield the country's domestic industries from the foreign competition. The objective of protectionist policy is to improve and safeguard the domestic economy by stopping or minimising imports.
Regards.