65.0k views
5 votes
Is protectionism good or bad?

User Ahoffer
by
8.6k points

1 Answer

0 votes

Answer:

Step-by-step explanation:

There is a broad consensus among economists that protectionism has a negative effect on economic growth and economic welfare, while free trade and the reduction of trade barriers has a positive effect on economic growth. Protectionism is frequently criticized by economists as harming the people it is meant to help.

User Suzette
by
8.5k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories