Question 1  a) What is international trade?  b) Using a country of your choice, explain using data 3 advantages and 3 disadvantages of trade on that country.  c) What is the mercantilist views to international trade?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter34: Globalization And Protectionism
Section: Chapter Questions
Problem 52CTQ: In principle, the benefits of international trade to a country exceed the costs, no matter whether...
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Question 1 

a) What is international trade? 
b) Using a country of your choice, explain using data 3 advantages and 3 disadvantages of trade on
that country. 
c) What is the mercantilist views to international trade? 

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