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1. Explain the 5 main arguments for trade protection (domestic employment, infant industries, cheap foreign labour, national security, cultural sovereignty). 2. Evaluate each of these
1. Explain the 5 main arguments for trade protection (domestic employment, infant industries, cheap foreign labour, national security, cultural sovereignty).
2. Evaluate each of these 5 arguments and explain whether they are true.
3)After learning about the case for trade and the case for protection, do you think we should still practice international trade. Which of these 2 cases you think is better and why?
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