Question: According to a 2012 BBC article, Chinese off icials warned that the world governments were increasingly playing politics with trade and giving in to protectionism,
According to a 2012 BBC article, Chinese off icials warned that the world governments were increasingly playing politics with trade and giving in to protectionism, adding that free trade is the engine of economic growth. At the same time, some individuals in the United Kingdom began to advocate “progressive protectionism”
as a way to foster growth. Do you find the fears of rising protectionism to be justif ied in this particular case?
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