All You Need To Know About Protectionism - Facts Tell скачать в хорошем качестве

All You Need To Know About Protectionism - Facts Tell

#Trade protectionism has a long history. It is designed to protect domestic industries from foreign competition by imposing high #tariffs, import #quotas, or other policies that reduce the value of #imports. Yet throughout history, reckless use of protectionism has failed to enrich the nation but led to technological stagnation, trade reduction, #economic isolation, and #inflation. Against the backdrop of globalization and the gradual integration of world economy, history tells us that trade protectionism is always fraught with risks and should be approached with caution. A ‪@FactsTell‬ Studio Production. The video reflects the author's opinions and not necessarily the views of CGTN. For more: https://news.cgtn.com/news/2022-07-22... Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvn... Download our APP on Google Play (Android): https://play.google.com/store/apps/de...