Pro-local: attempts to directly avoid problems of trade imbalance and wealth sequestration in imperfect markets Anti-local: a perfectly functioning market does

Pro-local: attempts to directly avoid problems of trade imbalance and wealth sequestration in imperfect markets Anti-local: a perfectly functioning market doesn't have those problems It's basically protectionism with all the same arguments for and against. Less economically optimal, but protects you from market malfunction and bad actors.