Controlling globalisation Trade protectionism

Question 1

Protectionism is the economic policy of

Answer 1

limiting trade between countries through tariffs on foreign goods and regulations to hurt foreign business but prop up domestic ones

Question 2

Why do protectionists believe there should be restrictions on trade

Answer 2

Protect economy workers standard of living and way of life

Question 3

In 2005, the EU banned imports of cheap……… textiles, for a short period, to try and protect its own manufacturers

Answer 3

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