Situation in which countries attempt to protect their own industries and agriculture through mechanisms such as tariffs or subsidies. These actions spark similar retaliation from other countries.

Countries often attempt to protect their industries from cheaper ...

  • Loading...
locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles