6 Nov 2021
Problem 13
Page 830
Section SELF: CHECK QUESTIONS
Chapter 34: Globalization and Protectionism
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6 Nov 2021
Introduction
The “national security argument,” sometimes known as the “national defense argument,” is one of the earliest and most prevalent reasons for safeguarding. This theory implies that a tariff on specific sectors is required to ensure that local manufacturing continues in the case of a conflict.
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