Free trade vs. protectionism is a key debate in the global economic environment. Listen to this podcast and read the article.

Podcast and article: https://www.marketplace.org/2017/08/24/what-was-one-worst-piece-us-legislation/

• Your Original Post must be based on the podcast/reading and answer the following:
  • What is the basis for protectionist policies?
  • Which outcome (protectionism or free trade) is preferable from an economics point of view? Why? The use of economic graph(s) to illustrate your point is encouraged.
  • Which scenario is preferable from the point of view of a multinational enterprise? Why? Draw upon your own professional experience or a current event.
• Use bullet points to make your point effectively
• Highlight the economic concepts or arguments that inform your decision in boldface font.