Is Protectionism ever appropriate? (user search)
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  Is Protectionism ever appropriate? (search mode)
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Poll
Question: Protectionism
#1
Yes, most domestic industries should be protected
 
#2
Only for infant industries
 
#3
Only to restrict trade from countries with looser regulations on labour etc
 
#4
Only 'essential industries' should be protected
 
#5
no, free trade is always the best solution
 
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Total Voters: 48

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Author Topic: Is Protectionism ever appropriate?  (Read 1006 times)
TNF
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Posts: 13,440


« on: May 18, 2015, 08:17:00 AM »

The state should have a monopoly on all foreign trade.
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TNF
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*****
Posts: 13,440


« Reply #1 on: May 19, 2015, 08:06:05 AM »

Yes, when a nation is industrializing, its's infant industries need protection. However, after they have been established, free trade benefits everyone.

yeah, it sure has benefited those industrial workers who went from making $25/hour+benefits to making $7.25/hour part-time with no benefits at McDonald's amirite
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