ARE PROTECTIONIST POLICIES USUALLY BENEFICIAL?

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political : ARE PROTECTIONIST POLICIES USUALLY BENEFICIAL?

[+] serious ballot by herzog
created Sat Jul 02, 05
Tarriffs, limits on trade items and the like, do they usually do more good for the nation implementing them, or are they more damaging to the economy?

Helps
Hurts
About even
Some are good, some aren't

Ballot #76472 : SEE RESULTS

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COMMENTS:
herzog, you're on a roll. this is the 3rd awesome ballot question you posted today. nice!

as for this question, i think protectionist trade practices, such as overly-assesed tarriffs, are more of an obstacle in the long run and just lead to trade wars.

by Kev24 on Sat Jul 02, 05 11:40am [+]

Thanks. : )

by herzog on Sat Jul 02, 05 11:54am [+]

Most protectionist policies hurt a nations economy.Tarriffs for example lead to trade wars,as Kev24 said and limits on trade items ultimately hurt the consumer.

by Corrupt on Sat Jul 02, 05 12:25pm [+]

To me, it's a balancing act that has yet to be perfected. Some trade can help foster competition by forcing producers of goods to build a better mousetrap, while some trade blockages can hurt consumers by forcing them to accept sub-standard materiel.

by Truthseeker013 on Sat Jul 02, 05 4:17pm [+]

99% of the time they hurt

by thc2883 on Sun Jul 03, 05 8:11am [+]

The fastest growing economy in the world, China, uses a web of protectionist policies. How is it hurting them?

by cranky on Tue Jul 05, 05 6:53pm [+]

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