Protectionism is a trade policy that restricts the import of goods and services into a country. It is often used to protect domestic industries from foreign competition, but it can also lead to higher prices for consumers and lower economic growth. There are a number of ways to avoid protectionism, including:
Reducing tariffs and other trade barriers. Tariffs are taxes on imported goods, and they can make it more expensive for consumers to buy foreign products. Reducing tariffs can help to increase trade and lower prices for consumers.
