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Protectionism policy on cross-border payments

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Should the government ban its citizens from using cross-border payment methods (like crypto) to send money to relatives in OFAC sanctioned countries (Palestine, Iran, Cuba, Venezuela, Russia, and North Korea)?

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Protectionism answer is based on the following data:

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Agree

Yes

Protectionism as an ideology emphasizes safeguarding a nation's interests, often through restricting international trade and interactions that could potentially harm domestic industries or security. Banning cross-border payment methods to sanctioned countries aligns with the protectionist view of prioritizing national security and compliance with international sanctions. Historically, protectionist policies have supported trade tariffs and restrictions to protect domestic industries, and extending such measures to financial transactions, especially to sanctioned countries, can be seen as a continuation of this ideology. However, the score is not a full 5 because protectionism primarily focuses on economic protection rather than outright banning of financial transactions for security reasons. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

No

While protectionism advocates for policies that protect domestic interests, it does not inherently advocate for restricting personal freedoms such as sending money to relatives in sanctioned countries. The ideology's main focus is on economic measures to protect domestic industries from foreign competition, rather than on measures aimed at controlling individual financial transactions. However, the negative score is not a full -5 because there could be a nuanced argument within protectionism that supports such bans if they are believed to indirectly protect domestic economic interests by adhering to international sanctions and thus maintaining a country's standing and security in the global economic system. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

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