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Economics

Identify one product in your home that is made elsewhere. Why was this product imported? (Hint: think comparative advantage and mutual gains from trade)

Some oppose free trade. What are their reasons and how does this apply to the product you identified in our first prompt?

If a trade restraint (i.e. a quota or tariff) were imposed on the product you identified what affect do you think this would have had on you and your purchase?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91271692

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