Part 3 – Writing: Does protectionism, particularly tariffs and quotas, help or hinder international trade? Protectionism policies are put in place to protect a nation’s domestic economy. Provide examples to help support your answer. You need to provide three examples for full credit.

Topics to help support your answer:

•NAFTA(North American Free Trade Agreement)
•Embargo of Cuban goods (sugar, cigars)
•World Trade Organization
•General Agreement on Tariffs and Trade (GATT)

Any ideas?

Jalisa

This is what the question looks like:
Can mercantilism be found in international trade today? Look through current newspapers and magazines. Are there embargoes or sanctions against trade with certain countries existing today? What industries might be considered monopolies today?

Mariel

In the 1800s, the international fur trade took place in America. The recent purchase of the Louisiana Territory made beaver hunting an easily accessed hobby.

I am doing a project on the Oregon Trail, and in my group, I have to find out about the fur trade.
If you have any cool facts or input, please help me ASAP!!

*Note: I will delete your answer if you don’t have a sufficient source.*

Twila