Protectionism might allow the
April 2024 › Forums › General discussion › EU mobility of labour and Germany › Protectionism might allow the
October 11, 2016 at 2:52 pm
#122302
Subhaditya
Participant
Protectionism might allow the less developed countries to legitimately close their economies from more advanced producers and develop their local industries and trade with economies that are at similar stage of development…So protectionism at least gives an opportunity for less developed countries to catch up with the West before opening their markets to their companies and improve the material quality of life of their people.