Question: Q3. Discuss one strategy your corporation should implement to avert the negative consequences of each of trade restrictions. [ Hint: you must provide 3 different

Q3. Discuss one strategy your corporation should implement to avert the negative consequences of each of trade restrictions. [Hint: you must provide 3 different strategies each corresponding to the respective trade restrictions in Q2]

a. Tariffs

b. Import Quota

c. Local Content Requirement

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