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What are the general effects ofimport restrictions on 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 33RQ: What is the general trend of trade barriers over recent decades: higher, lower, or about the same?

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What are the general effects of
import restrictions on trade?

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