Question

Recent phenomena of protectionism and currency manipulations in world trade affect macroeconomic stability of india

Answer 1

do not know the answer sorry

Answer 2

Trade protectionism is one of the most controversial tactics which is used by various politicians and government in order to help the economy of a country recover from a economic downturn.

However this method can have an adverse effect on the consumers of the open market.

This is because the consumers have less options to choose from.

They also have to pay more in taxes, which contribute to uplifting the economic condition of the country.