AbstractGlobalization has changed the way everyone does business. Throughout history, man has steadily expanded his reach, moving from the local agrarian economy, to cottage industries, to domestic industry, to the newly globalized international trade framework that exists today. This progression is quite logical, as the efficiency with which products are made and services are rendered always increases. However, when contextualized, theoretical efficiency maximization can have disastrous consequences for independent nations. The excessive specialization of national industries, in the drive for globalization and efficiency, also has the effect of reducing domestic commercial infrastructure. This article examines economic protectionism and highlights two situations where its use is fully justified. Introduction Globalization is currently the most influential aspect of business today. Look around and inspect some common objects around you: televisions, cars, refrigerators, vacuum cleaners, and even the clothes you wear. Chances are, every single object you see has been influenced by globalization. Whether the item has foreign parts or is produced entirely outside your country, it has been directly affected by globalization. Globalization, on the whole, is a good thing. Globalization empowers consumers, enables unprecedented market insight, and has paved the way for pioneering breakthroughs in logistics. However, globalization can also act harmfully, both for underdeveloped and developed nations. While free trade is a desirable goal, the realities of unrestricted trade must be evaluated and planned for. This article will evaluate these realities across the global economy... half of the article......attempt at Canadian cultural protectionism. (2006). Wikipedia. Retrieved October 9, 2006, from the Wikipedia.org website: http://en.wikipedia.org/wiki/Canadian_cultural_protectionismKaempfer, Tower, & Willett. (2002). Trade protectionism. The Encyclopedia of Public Choice. Klink, Ron. (1999). Congressional Record.Mankiw, Gregory N. (2003). Principles of microeconomics. Thompson Learning.McConnell and Brue. (2004). Economy. McGraw Hill College. Protectionism. (2004). The American Heritage® Dictionary of the English Language. Fourth edition. Protectionism. (2006). Wikipedia. Retrieved October 7, 2006, from the Wikipedia.org website: http://en.wikipedia.org/wiki/ProtectionismSeeman, Roderick. (1982). The Japanese legal letter. October.Total war. (2004). The American Heritage® Dictionary of the English Language. Fourth edition.