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Moraine Valley Community College Free Trade and Protectionism Discussion

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Topic: Free Trade, Protectionism, and Trade Wars

(a) Discuss the debate between free trade and protectionism. In short, what is free trade? What is protectionism? And what are the pros and cons of each? (b) What are trade wars? (c) Discuss and explain the ongoing US-China trade war. (In particular, be sure to address the following questions: When did the trade war start? What are the issues at stake? What’s been the economic consequences of the trade war? How has it impacted US-China relations?) What are your thoughts on this trade war? Should President Biden continue it?

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