Now that Donald Trump is again the 47th President of the United States of America we have to see how his economic and foreign policies will impact the Indian economy. In the following paragraphs I will discuss few important areas where Trump’s policies will impact the Indian economy the most. First, the election of Trump […]
Tag Archives: Trade
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The general idea of protectionism is based on a notion that somehow banning or restricting trade will benefit society or a particular industry. The Encyclopedia of Brittanica defines protectionism as a policy of protecting domestic industries against foreign competition by means of tariffs, subsidies, import quotas, or other restrictions or handicaps placed on the imports […]