Trade Protectionism
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ESSAY DETAILS
Words: 776
Pages: 3
(approximately 235 words/page)
Pages: 3
(approximately 235 words/page)
Essay Database > Literature > English
showed first 75 words of 776 total
showed last 75 words of 776 total
removal of tariffs imports begin to look more attractive to the consumer. The result: a large negative figure for the balance on goods and services, which, is the largest single determinant for the size of the CAD. The Australian economy may benefit greatly from a reduction in protection. However many individuals will be left out of job if Australia continues its current trend. The government must now think if economic stability is worth this loss.
removal of tariffs imports begin to look more attractive to the consumer. The result: a large negative figure for the balance on goods and services, which, is the largest single determinant for the size of the CAD. The Australian economy may benefit greatly from a reduction in protection. However many individuals will be left out of job if Australia continues its current trend. The government must now think if economic stability is worth this loss.