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Essay On Trade Protectionism

953 Words4 Pages

Trade protectionism issues in international business

Recently,International trade at a rapid rate in the development,as we all know, in international have so many issues and problems to prevent development.For example,employees issues,environmental issues,different countries or cultural issues,ethical issues,social issues,economic issues and trade protectionism .But i think in recently year so many countries want to get a high profit to against these rules.So in my opinion, the most important issues is trade protectionism.So today i want to talk about this issue. INTRODUCTION
Trade protectionism, is that performed in foreign trade restrictions on imports and export to protect its domestic market from foreign trade in goods competition,provide their commodities various promotions to enhance its international competitiveness and policy advocates. In terms of import restrictions, tariff and non-tariff barriers are mainly taken two measures. The former mainly through the get the high import tariffs to prevent a large number of imported foreign goods; the latter including the adoption of the system of import licenses, import quotas and a series of non-tariff measures to restrict foreign goods imported freely.

Protectionism refers to government actions and policies that restrict or restrain international trade.And we need to …show more content…

This is the purpose of trade protection early mercantilism is very different. Mercantilist import restrictions to encourage exports, its purpose is to accumulate gold and silver wealth; the purpose of trade protection is claimed to improve the productivity of wealth creation. Expressions are: export subsidies, import tariffs and import quotas. Extensive use of a variety of countries to restrict imports to protect domestic markets from competition from foreign goods, and domestic goods preferential treatment and subsidies to encourage

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