Answer Quote by Frans Timmermans
“Protectionism has never been an answer, will never be an answer. We need trade. We need trade agreements worldwide.”
About This Quote
Source Speech: European Commission President, 2023 Climate Summit
Trade openness drives economic growth and peace, while protectionism harms both.
In simple terms: Trade helps economies; protectionism hurts.
Key Takeaway
Support free trade policies.
Themes
economics
politics
globalization
Mood
optimistic
concerned
Type
policy
economic
When to use this quote
- policy negotiations
- business strategy
- consumer pricing
- international relations
Key Concepts
Comparative advantage
interdependence
Questions to Reflect On
- How can we balance domestic industry support with open markets?
- What are the risks of over‑reliance on global supply chains?
A Different Perspective
Protectionist measures can protect domestic jobs short‑term.
