Resist protectionism

Vant, Thomas R.
August 2006
Journal of Commerce (1542-3867);8/14/2006, Vol. 7 Issue 33, p31
The article focuses on the trend of protectionism that has become evident in many industrialized countries due to widespread anti-globalization sentiments and a need to protect strategic sectors in light of alleged national security concerns. The author expressed concern over the apparent waning of government support for trade liberalization. Protectionism will deprive targeted companies of additional capital and sacrifices opportunities to improve management and restructure business strategies.


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