Wednesday, 13 April 2011

Protectionism in the news

Protectionism in the news 
Sri Lanka has high protectionist policies on agriculture - links to the national security argument
US put duties on Chinese imported tyres to 35% and China argues that this protectionist - why did America do this - links to the idea of protecting domestic employment.
The EU imports bananas from former African, Caribbean and Pacific countries and puts tariffs else where e.g. large multi-nations in South Africa. To protect employment in former colonies which have higher costs. This tariff is now being removed.

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