—This paper does not only go over the ground of the
generally traversed, and examined arguments commonly used,
but, it carries the inquiry further than the controversialists on
either side, yet ventured to go; also a sought to discover why
protection retains such popular strength in spite of all
exposures of its erroneous beliefs; to trace the connection
between the tariff question and more important social
questions, now rapidly become the "burning questions" of our
times; and now to show what radical measures the principle of
free trade logically leads to. Thus harmonizing the truths which
free traders perceive with the facts that protectionists make
their own theory plausible, it’s perceived that this might open
ground upon which those separated by seemingly irreconcilable
differences of opinion may unite for that full application of the
free-trade principle which would, secure both the largest
production and the fairest distribution of wealth. Also facts
emanating a posteriori will contain the general viewpoint of a
country’s recommended choice, as well as my view point.
—Free trade, protectionism, glory(advantages),
Doom(drawback), industries, taxes, import/export, case
study(on economic growth).
Regine Adele Ngono Fouda is with Shanghai Maritime University,
Cite:Regine Adele NGONO FOUDA, "Protectionism and Free Trade: A Country‘s Glory or Doom?," International Journal of Trade, Economics and Finance vol.3, no.5, pp. 351-355, 2012.