Post
Topic
Board Economics
Re: Protectionism
by
trader001
on 08/07/2014, 14:10:02 UTC
Subsidy and protectionism are economic weapon.

It takes time to build up an infrastructure for an industry, killing your competitors with subsidy then raise the price up after all your competitors are gone. Robber baron and standard oil have done it in the past, it is now being done on country level.