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protectionism vs free trade

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protectionism vs free trade
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نص القصة المصورة

  • Protectionism can be used to shield domestic cultural industries, such as film and music, from foreign competition. This can help preserve national identity and cultural diversity.
  • By limiting imports and encouraging exports, protectionism can help reduce a country's trade deficit. This can improve the balance of payments and strengthen the domestic currency.
  • By lowering barriers to trade, free trade can stimulate economic activity and boost overall economic growth. This can lead to job creation and improved living standards.
  • By limiting imports and encouraging exports, protectionism can help reduce a country's trade deficit. This can improve the balance of payments and strengthen the domestic currency.
  • Free trade expands the variety of goods and services available to consumers, leading to greater choice and potential cost savings.
  • By imposing tariffs, quotas, and other barriers, protectionism aims to shield domestic industries from foreign competition. This can help struggling industries survive and grow, preserving jobs and fostering domestic production.
  • Free trade allows countries to specialize in producing goods and services they can produce most efficiently. This leads to lower prices for consumers and increased overall economic output.
تم إنشاء أكثر من 30 مليون من القصص المصورة