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Identify and briefly describe five (5) instruments of protectionism
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- Some have used the national security argument to suggest that protectionist policies should be used for select industries. Categorize the items in terms of whether they strengthen or weaken this argument. Each item either strengthens or weakens the argument.How can protectionist moves create conflict within acountry?why do extractive industries companies need a social license to operate in a host state and how do they get a social license?
- Unilateral agreement is a commerce treaty that benefits that one country only and is open for negotiation. True or falseWhich of the following is an example of a nontariff trade barrier? Group of answer choices Customs and Administrative Entry Procedures International duties Compound duties Revenue tariffs5. There are a number of instruments for trade intervention and the traditional forms of protectionism by Government. With the use of examples, briefly describe ANY ONE intervention that Governments can use as a form of protectionism. A complete answer will identify and explain the form of protectionism and use a relevant example to depict its use in a country or market.