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6.2 Protectionism

Instructor
Caris Liew
3 Students enrolled
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Course details
Lectures : 11
Quizzes : 4
Description

In this chapter you will learn how to:

  • define the meaning of protectionism as it relates to international trade
  • explain the different tools of protection: tariffs, import quotas, export subsidies, embargoes and excessive administrative burdens (‘red tape’)
  • analyse the impact of the different tools of protection
  • discuss the arguments for and against protectionism.
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