Hi, need to submit a 2500 words paper on the topic An Era of Economic Globalisation.

  

Hi, need to submit a 2500 words paper on the topic An Era of Economic Globalisation. Protectionism, in other words, has survived globalisation and in that survival is both a testimony and concession to the fact that, beyond the globalisation-rhetoric, the state has retained its role as a significant economic player.There is no doubt that globalisation has reduced the role of the state in the economy but, there is equally no doubt that protectionism has survived globalisation and remains one of the more significant of the state’s instruments for ensuring the welfare of its domestic market. Following a definition of protectionism and an examination of its pre- and post-globalisation forms and mechanisms, this paper shall argue that despite arguments to the contrary, protectionism often serves fundamental and constructive economic purposes.In general, it is possible to define protectionism as strategies used by a national economy to protect its own goods, industries and businesses from unfair competition or, in some instances, from competition per se. Often criticized by economist and free-trade proponents such as Adam Smith among others, protectionism is not only a logically valid strategy for the protection of domestic economies from such unfair economic competition as could have adverse effects upon infant industries and domestic producers and manufacturers, but it often imposes itself upon decision-makers as the only viable mechanism for the fulfilment of the aforementioned. Indeed, as important as it may be for Lesser Developing and Developing nations, protectionism is as important for Industrialised economies. As Schwartz (2000) succinctly explains, protectionism traditionally functions to protect national economies from all of the virtual destruction of domestic industries, unemployment and inflation (Schwartz, 2000). It does so through the utilisation of a wide array of strategies, ranging from implementation of prohibitions against the entry of certain imports into the domestic economy to the imposition of heavy customs, tariffs and taxes upon specified imports in order to ensure that, upon entry into the domestic market, domestic goods retain a price-competitive edge (Schwartz, 2000). Proceeding from the information presented in the preceding paragraph, it is possible to articulate a definition for protectionism.

Don't use plagiarized sources. Get Your Custom Essay on
Hi, need to submit a 2500 words paper on the topic An Era of Economic Globalisation.
Just from $10/Page
Order Essay
Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 30% with the discount code ESSAYSHELP