Answer:
One of the reasons why protectionist pressures arose around the world during the 1980s was the perceived threat of foreign competition and its impact on domestic industries and employment. During this period, many countries experienced increased globalization and the opening up of markets, leading to heightened competition from foreign firms.
The rise of protectionist pressures can be attributed to several factors. First, some domestic industries felt threatened by the influx of cheaper imports from countries with lower production costs. This led to concerns about the loss of market share, declining profits, and potential job losses in key sectors. Industries such as manufacturing and agriculture faced increased competition from overseas, prompting calls for protectionist measures to shield domestic producers.
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