DMPQ: What is protectionism? How does it affect India? (Economy)

Protectionism is the economic policy of restricting imports from other countries through methods such as tariffs on imported goods, import quotas, and a variety of other government regulations. Protectionist policies help immune the producers, businesses, and workers of the import-competing sector in the country from foreign competitors.   Impact on India   Positive: India has … Read more DMPQ: What is protectionism? How does it affect India? (Economy)