Consider the following simultaneous-move game: Who are the players? What are the strategies? What does a simultaneous-move game mean? Describe and explain in detail. Find the Nash equilibrium. Make sure to explain the logic of thinking in detail when finding the Nash equilibrium. Can the countries agree to cooperate? How can one ensure cooperation? How much each country may get thanks to cooperation? Provide another situation from politics resembling our problem.\table[[U.S.,Free trade,Protection],[Free trade,,],[Protection,20

Japan U.S. Free trade Protection 10 25 Free trade 12 -10 -10 -5 Protection 20 -5