CLICK HERE FOR THOUSANDS OF FREE BLOGGER TEMPLATES »

Wednesday, May 20, 2009

Protectionism: Urgent problem in today’s world

With the development of the economy, the relationship between countries is much stronger than before. However the practice of protectionism, which means the government does its utmost to protect their industries just goes the opposite way of globalization. The prices are unstable because of the reduction of imports or exports. People have fewer choices than before. Also, some countries set up a wall to prevent personnel who come from other countries to occupy jobs in their nations. Even people who get well educated still can’t be employed by big companies abroad. In addition, free trade is making more interdependence among nations and mutual understanding among cultures, and can help countries to maintain political stability. In my opinion, economic protectionism is a real risk. Protectionism can increase the misunderstanding between different nations, and cut the world into many pieces. That is why I think protectionism has bad influences on our life, and it should be one the most urgent problems for the people.

0 comments: