Does Trade Protectionism Actually Make Countries Richer? #economics #trade #protectionism #wealth

A short video clip on the controversial topic in economics, trade protectionism. There are advocates who argue in favor of trade protectionism arguing that they seek to protect their local jobs and to build the nation's wealth. Others argue against it stating that protectionism leads to distorted competition which leads to higher prices for consumers which makes everyone worse off. What do you think? Let us know in the comments.

Видео Does Trade Protectionism Actually Make Countries Richer? #economics #trade #protectionism #wealth канала Meleti Buddy