Question: Part I: Based on the discussion regarding the pros and cons of free trade policies, please give an informed opinion: What are your thoughts about

Part I:

Based on the discussion regarding the pros and cons of free trade policies, please give an informed opinion: What are your thoughts about it? In which circumstances (if any) would you support measure restricting free trade and why?

Part II:

Describe 2 (two) measures of trade restrictions (make sure to include tariffs) and discuss their advantages and disadvantages.

Also include all calculations when needed.

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Part I Free trade has its advantages and disadvantages and the decision to support or restrict it often depends on the specific context and goals of a countrys economic policy Here are some thoughts P... View full answer

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