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Social Studies, 18.12.2019 00:31 jbuchjr13

What are the drawbacks of protectionism?

stagnation in quality, efficiency, and innovation

prohibition of subsidies to domestic industries

preventing small businesses from closing down

increased prices and lack of product variety

risk of retaliatory protectionist measures

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What are the drawbacks of protectionism?

stagnation in quality, efficiency, and innova...
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