Certain countries have practiced unilateralism, protectionism and hegemonism, hampering economic globalization and threatening a global economic recession. It is imperative to address such global problems as sluggish economic growth, shortcomings in economic governance, and imbalanced economic development. It i...
What is protectionism? Give an example.Trade PolicyTrade policy is a type of economic policy set by the government that contains policies and guidelines on how the nation deal with any transactions related to trade either to promote economic growth. Trade policies can be liberal or restrictive as...
What is protectionism? Trade protectionism means the international trade theory or policy which is restricted by tariff and various non-tariff barriers to protect domestic industries from foreign commodity competition. Tariffs, import quotas, foreign exchange control, cumbersome import and export procedures...
The four primary tools used in trade protectionism are tariffs, subsidies, quotas, and currency manipulation. While nations may experience a temporary period of economic stability or even growth as a result of protectionism by eliminating outside competition, in the long run they experience shrinking ...
THE EMPHASISON TRADE IS STILL THERE, THUS CAME THE TERM " PROTECTION".BUT【T5】___THAT VIRTUALLY ALL GOVERNMENT ACTIVITIES CAN AFFECT INTERNATIONAL ECONOMIC RELATIONS. THE EMERGENCE OF THE NEW PROTECTIONISM IN THE WESTERN WORLD REFLECTS THE VICTORY OF THE INTERVENTIONIST, OR WELFARE ECONOMY OV...
differences between Western economic theory and what President Xi and the Communist Party of China (CPC) propose. During the periods of revolution, construction, and reform, the key to the success of the CPC's great caus...
Global economic cooperation is essential for sustainable development. What is an example of global economic cooperation? A. Trade protectionism. B. Currency wars. C. International trade agreements. D. Economic isolation. 相关知识点: 试题来源: ...
A. To increase protectionism. B. To limit economic development. C. To settle trade disputes. D. To reduce imports. 相关知识点: 试题来源: 解析 C。解析:文中提到“One of the key functions of the WTO is to settle trade disputes between member countries.”,所以世界贸易组织的一个关键职能是解...
So while the 1990s consensus on the effect of globalization hasn’t stood thetestof time, its shortcomings don’t make a case for protectionism now. We might have done things differently if we had known what was coming, but that’s not a good reason to turn back the clock. ...
Economic globalization refers to the increasing interdependence of world economies as a result of the growing scale of cross-border trade of commodities and