Question: 1. Why do countries that are committed to open markets and capitalism have publicly owned enterprises? 2. It seems that free, unrestricted international trade, in

1. Why do countries that are committed to open markets and capitalism have publicly owned enterprises?

2. It seems that free, unrestricted international trade, in which each nation produces and exports products for which it has a comparative advantage, will enable everyone to have a higher level of living. Why, then, does every country have import restrictions?

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