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Data on Fixed line vs. Cellular Debate Introduction For the first time, the mobile (wireless) communications had beaten the fixed line networks in 2002. At that time, there were 1 billion mobile users all over the world. Then in 2008, there...
the media. Russell Roberts’ book of “The Choice – A Fable of Free Trade and Protectionism” strongly argues that economy will benefit from free trade, whether for a developed nation or for a developing nation, in the light of David Ricardo’s...
prevalence in many countries of the world. Despite, the fact that most theories of international trade conclude that free trade improves social welfare. Historically, tariffs have served two purposes: as a means of protection and as a sourc...
economic policy of interventionist conducted by a State or group of States, for protecting its producers against the competition from producers in other states. Goals can be the maintenance of employment in some industries, reducing the tra...
often done with the intent of protecting local businesses and jobs from foreign competition. Typical methods of protectionism are import tariffs, quotas, subsidies or tax cuts to local businesses and direct state intervention. Any time a g...
policies. Protectionism is the development of a policy to protect the products of their own country, imposing restrictions on entry of the same or similar foreign products by imposing tariffs and taxes on the import, and the more expensive ...
Financial Liberalization In Malaysia There were many discussions regarding the benefits and detrimental consequences of financial liberalizations, however the issue is still subject to continuous debates and no ultimate solution have been r...