(Answered) Explain how there are positive and negative results

Management Studies

Explain how there are positive and negative results associated with free trade using economic terminology. Explain the positive and negative aspects of a tariffs. Evaluate trade policies considering the pros and cons of a trade surplus and a trade deficit. Discuss the pros and cons of complete isolation (no trade) vs. those of complete free trade. Answer in at least 200-500 words.

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Business Management, Management Studies

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