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Brief Principles of Macroeconomics...

8th Edition
N. Gregory Mankiw
ISBN: 9781337091985

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BuyFindarrow_forward

Brief Principles of Macroeconomics...

8th Edition
N. Gregory Mankiw
ISBN: 9781337091985
Textbook Problem

Why do economists oppose policies that restrict trade among nations?

To determine

The reason for economists opposing trade restrictions.

Explanation

Trade makes everyone better off since it allows people, firms, or nations to specialize in those activities in which they have a comparative advantage. Trade allows all countries to achieve greater prosp...

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