Relative advantages of protectionism and free trade.

    1. What are the advantages for a country of protectionism? 2. Should protectionism be seen as a short-term or permeant measure? What is the historical evidence? 3. What are the advantages for a country of free trade? 4. Should free trade be completely free or limited. Does free trade only comes in the second phase? 5. For National development plans, are they socialism? 6. Can National development plans be reconciled with a market economy? 7. Which sectors of the economy should or could, be guided or financed by government?