Protecting against overseas imports


  • Reducing vulnerability of economies to foreign imports
  • Protecting economies against import penetration

Implementation

Protection has been used for: maintaining employment; slowing the pace of adjustment; preserving the incomes of certain groups; preserving key industries; supporting new (high technology) industries; using protection as a lever to open markets.

Counter claim

  1. < In all cases protection has been shown to be ineffective and the problem better addressed in other ways.


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