Protectionism: Is it morally right or wrong?

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Is protectionism is morally right or wrong. Will political intervention in economic processes such as trade be more beneficial to a country? 

In my own standpoint, protectionism is morally wrong in any case as this will be used for personal gain and not for the betterment of the country as a whole. It must be abolished as it has a great potential to breed corruption. Moreover, if a country wanted to have economic success, it must not restrict building relations with other neighboring countries thus, must have healthy competition which pushes countries to continuously innovates and develop certain products that they are best at. Also, there must be a free-flowing of goods in order to exchange access across borders. However, it is not the case in protectionism, because this strategy leads to more serious conflicts and tensions on a global scale. It makes it more difficult for consumers as they will need to pay higher-priced products that are beyond their capacity as the consequences of this supposedly “protection”. Furthermore, this policy is never been right in the first place as this is used as an advantage for personal gain and is in favor of the policymakers. In addition, there must be no intervention of politics, and in any way, it must not be a reason to affect the genuine intention of the policies implemented. First and foremost, every economic process’ intention must be for all and must abide by the set living standards within the country. It must not be used and made because of personal political intentions. Therefore, if the top priority is to gain economic power, everything must be balanced and fair for producers and more importantly for the consumers. Thus, this will be done through having effective implications of policies as well as meeting halfway for mutual gains. 

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