What is the validity of the most frequently presented arguments for protectionism?

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Social Studies

Gilbert Huffman

4 December, 19:36

What is the validity of the most frequently presented arguments for protectionism?

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Jaslyn Sheppard · Answer 1

The correct answer is that the arguments are not valid.

The most commonly presented arguments for protectionism is that the free flow of trade, people and capital around the world, is responsible for the world’s economic ills. However, the reality is more complicated than that.