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Business
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| Number of pages / Number of words: |
2 / 335 |
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Protectionism allows an industry to develop until it is able to compete in international trade. History provides numerous examples of the benefits of protecting infant industries. In the 1830s the average tariff of the USA was 40%, the highest in the world, allowing the development of manufacturing industries until World War II when the manufacturing supremacy of the States was absolute...
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Protectionism allows an industry to develop until it is able to compete in international trade. History provides numerous examples of the benefits of protecting infant industries. In the 1830s the average tariff of the USA was 40%, the highest in the world, allowing the development of manufacturing industries until World War II when the manufacturing supremacy of the States was absolute...
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