Impacts of Protectionism on Fashion Consumers. Business and Marketing

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Impacts of Protectionism on Fashion Consumers
Trade protectionism refers to the nation, or at times a group of countries working in conjunction as a trade bloc, forming trade barrier with the specific objective of protecting its economy from possible threats of global trading. It is the opposite of free trade where governments permit its citizens to buy products and services from other nations and to sell their services and goods to other markets with hindrances, trade barriers, interferences, as well as government limitations. The aim is to safeguard a country’s fundamental economic interests, including its industries, employment of workers, and commodities. Although protectionism is meant to protect a nation’s economic interests, as a fashion consumer, I do not support it because it directly affects my wardrobe.
Most of the products related to fashion...