Explain Any Two Arguments For Protectionism

Decent Essays
Another argument for protectionism, is protecting jobs ,because there are always some industries which are declining workers are threatened to loose their jobs, In 2002, President Bush imposed the controversial 8-30% steel tariffs after pressure from industry leaders and increasing number of steel mills that went under administration this decision reduced structural unemployement.So buying more domestically will drive up national production, and then increasing production will in turn result in a healthier domestic job

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