A)Explainthe benefits of international trade.

References:

https://www.uschamber.com/international/international-policy/benefits-international-trade

B)Assessthe argumentsforandagainstencouraging countries to protect their economies from foreign competition by imposing restrictions on the imports of products from other countries.

(Diagrams and Graphs are required)

References:

https://courses.lumenlearning.com/boundless-economics/chapter/arguments-for-and-against-protectionist-policy/

https://corporatefinanceinstitute.com/resources/knowledge/economics/protectionism/