According to CNN, leaders from 21 nations met in Peru to discuss economic issues. They agreed not to implement protectionist measures for the next 12 months. Many agreed that protectionism would lead to global economic ruin.
What are your thoughts? Do you think that this was a good idea? Will protectionism (which is along the lines of isolationism) lead to economic ruin?
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Favorite Albums of 2008: 1. In Rainbows 2. Alopecia 3. Meš suš ķ eyrum... 4. Narrow Stairs 5. Visiter