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No, protectionism is not associated exclusively or even primarily with emerging or developing countries. The GP’s comment talks about 19th and 20th century hist
by jonathanyc 9y ago
No, protectionism is not associated exclusively or even primarily with emerging or developing countries. The GP’s comment talks about 19th and 20th century history, during which time Europe and America industrialized and protectionism was practically the default.
- sqdbps 9y agoThat's neither here nor there, we're discussing China's actions in the context of free trade being the global norm and having established organization like the WTO to ensure a certain level of reciprocity. The larger point is that China is practicing extreme protectionism while benefitting greatly from free trade.
- jonathanyc 9y ago> Thats neither here nor there The GP literally mentions protectionism in the context of the 19th century. I think you’re in the wrong thread.
- coldtea 9y ago>The larger point is that China is practicing extreme protectionism while benefitting greatly from free trade. More power to them, then? Sounds like a good way benefit their country.