“Exploring the Impacts of Protectionism in Global Trade Dynamics”
Exploring the Impacts of Protectionism in Global Trade Dynamics
Introduction
This report investigates the impacts of protectionism on global trade dynamics, focusing on the economic and social implications of trade barriers. Protectionism, characterized by policies that restrict international trade to support domestic industries, has gained traction in recent years. The purpose of this paper is to analyze how these measures affect not only the countries implementing them but also the broader international landscape, including trade relation