What you’ll learn3 learning objectivesChoose one objective for a focused lesson, or study the complete topic.6.2.1Protectionism• Meaning of protectionism in the context of international tradeSyllabus objective6.2.2Protectionist tools• Different tools of protection and their impact:- tariffs- import quotas- subsidies- embargoes- excessive administrative burdens ('red tape')Syllabus objective6.2.3Arguments for/against protectionism• Arguments for and against protectionismSyllabus objective