Q2 (10+10=20M] A) Whose interest should be the paramount concern of government trade policy- the interest of producers (businesses and their employees)or those of consumers. Explain in terms of trade control methods used by the governments to restrict or enhance trade? B) International trade is positive sum game and not zero-sum game. Which international trade theories support these ideas and how? Explain in terms of production of consumption gain. Factor endowment theory says source of comparative advantage is factor endowment. US endowed with capital should export capital intensive goods. What could be possible explanation that US exports were found less capital intensive than US import. 03 [1OMI