Arguments for and Against Protectionist Policy

National security protectionist arguments pertain to the risk of dependency upon other nations for economic sustainability.

Economic markets are inherently competitive and newer economies are vulnerable to their more developed counterparts in other countries.

One of the strongest arguments for trade protectionism is unfair competition emerging due to differences in policy and enforcement ability.

Many policy makers who are proponents of trade protectionism argue that limiting imports will create or save more jobs at home.

International trade agreements are agreements across national borders that reduce or eliminate trade barriers to promote economic exchange.