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List five (5) arguments often given to support trade restrictions. How do economists respond to these arguments?

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter9: Application: International Trade

Section: Chapter Questions

Problem 5QR

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List five (5) arguments often given to support trade restrictions. How do economists respond to these arguments?

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