Avoided Quote by Manmohan Singh
“Protectionism has to be avoided. Protectionism is not only on goods but also in the area of services. Financial protectionism is also bad and should be avoided.”
About This Quote
Source Speech: Economic policy address, date unknown
Protectionism harms trade and services; open markets foster growth.
In simple terms: Protectionism hurts economies.
Support free trade and open markets.
Themes
Mood
Type
When to use this quote
- government regulation
- strategic industry protection
Key Concepts
Questions to Reflect On
- What are the risks of unrestricted trade?
- How can services be protected without harming competition?
May ignore short‑term domestic industry concerns.