These costs can arise from inefficient resource allocation , foreign retaliation and etc . Protectionist measures are not beneficial for the whole economy they may be good only for special-interest groups , such as some big corporations , unions , and farmers . The opponents of the expansion of world trade claim that keeping out foreign goods will save jobs and can provide the opportunity for domestic industries to recover and prosper , and reduce the trade deficits . Protectionism can bring lost jobs , high prices , higher taxes...











SUBJECTS

