A finance or economics student, researcher, or professional interested in international trade, particularly in preparing for competitive exams such as the Union Public Service Commission (UPSC) or banking exams in India.
Protectionist trade policies, while seemingly shielding domestic industries, often backfire spectacularly, ultimately hindering long-term economic growth and innovation by limiting access to global markets and efficient resource allocation; this, in the end, severely undermines a nation's overall economic competitiveness.