Tag
PROTECTIONISM
The International Monetary Fund has warned members about the adverse effects of protectionism as a response to globalization, stating it would make the world less resilient, more unequal, and more conflict-prone.
According to experts, protectionism if properly implemented can help boost Nigeria's local production and the economy.
The World Bank has said the protectionism ambition of the United Kingdom, the United States and China poses a threat to Nigeria’s economy.