INTERNATIONAL BUSINESS

\

\

International Business

International Business

1. Is the trade policy of your country's government protectionist? Why?

The trade policy of the country is highly protectionist since it is a policy that is essentially precautionary in nature. It is a trade policy that cannot possibly be denied the fact that it is built to ensure higher revenues for local business in the long run while ensuring revenues for foreign investors in the short run. The purpose of the trade policy currently under implementation can therefore clearly be considered to be protectionist. It is a policy that not only seeks to safeguard the financial stability of ...