1. Globalization and Its Effects on Caribbean Politics
The support by government of national interests, through tariff and non-tariff measures, is known as "protectionism." ... Whatever the method of intervention, the aim has always been to maintain favourable terms of trade for the country exercising these measures. ... - Measures such as these are "protectionist" since they have the effect of closing off a country's markets to goods from other countries. ...
- Word Count: 2038
- Approx Pages: 8
- Has Bibliography
- Grade Level: Undergraduate