Free Trade vs. Protectionism
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This video compares the concepts Free trade and Protectionism. Free trade, according to Prof. Don Boudreaux, is nothing more than a system of trade that treats foreign goods and services no differently than domestic goods and services. Protectionism, on the other hand, is a system of trade that discriminates against foreign goods and services in an attempt to favour domestic goods and services.
Language:
English
Curriculum Alignment:
CAPS aligned
Publication Date:
2011-08-31
Grade:
12
Audience:
Learners
Teachers
Type:
Video
Categories:
Learning material Subjects Online courses Learning techniques General knowledge Exercises
Software Requirements:
Media player
Copyright:
Standard YouTube License
