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i say meth and keep it moving
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Answer:
The idea of restricting international trade, otherwise known as trade protectionism, is considered wrong because the world today is centered around globalisation.
Explanation:
Countries desire to increase revenue for their local governments. They impose trade barriers through the imposition of tariffs, embargos, voluntary export restraints and so on, with the aim of reducing competition from foreign industries so as to promote local companies. However, this usually produces adverse effects, heavier than the intended benefits. Such effects include reducing the wide variety of goods and services available to the population, reducing the number of jobs due to reduction in number of foreign companies, increasing monopoly power which will in turn lead to higher prices being charged by monopolists. Indirectly, restricting international trade also affects international relations.
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Most of those enslaved in the North did not live in large communities, as they did in the mid-Atlantic colonies and the South. Those Southern economies depended upon people enslaved at plantations to provide labor and keep the massive tobacco and rice farms running.
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