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Why do economists oppose policies that restrict trade among nations

Chapter 3, Problem Questions for Review 3.7

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QUESTION:

Why do economists oppose policies that restrict trade among nations?

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QUESTION:

Why do economists oppose policies that restrict trade among nations?

ANSWER:

Step 1 of 2

The policies that restrict trade among nations are term as trade barriers and include tariffs, quotas, non-tariff barriers, and other barriers.

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