Business

Protectionism is the rule of the day. The various arguments have been advanced in favor of the policy of protection.…

Protectionism provides ample opportunities for the expansion of home market for domestic industries. By cutting imports, the government encourages the…

The Protectionism ensures the protection of home industries from foreign competition, encouraging them to raise production and generate more employment…

Protectionism or simply Protection refers to the policy of the government under which the government puts various restrictions on the…

Arguments Against Free Trade Policy Free trade may have some advantages but it is not free from criticism by economists.…

The policy of free trade is generally adopted by the countries for the free flow of resources between the countries…

Free trade refers to the situation when movement of goods between two countries is unrestricted. The government of a country…

What is Accumulated Depreciation? Accumulated Depreciation is the cumulative depreciation expenses recognized against a Fixed Asset. It is a contra…

In the field of international trade, ‘terms of trade’ refer to the rate at which country’s exports exchange for its…

In general terms, the terms of trade refer to the quantity of goods sold and purchased at a given price.…