Question: do you feel that this is a true statement?Explain why or why not.Trade makes a nation wealthy, and conversely, trade restrictions make a nation poorer.

  • do you feel that this is a true statement?Explain why or why not."Trade makes a nation wealthy, and conversely, trade restrictions make a nation poorer."
  • Explain industries tariffs above 25% ad valorem are typically seen. How can this impact your personally? Describe any situations where you have felt the effects of tariffs.

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