Question: Global Trade is a key success factor for almost all the economies around the world. Regardless, many governments intervene in trade for various reasons; the

Global Trade is a key success factor for almost all the economies around the world. Regardless, many governments intervene in trade for various reasons; the text notes political, economic, and cultural reasons for this intervention.

1. First, explain the three motives that drive government intervention and the reasons for each. Give examples for each.

2. Do you agree with these countries intervening? What reasons do you believe are most valid and agree with what a country intervenes and which ones you disagree with? Do consumers benefit from a government intervening?

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