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D6. Why do some people fear international trade? Defend the protectionist viewpoint using sound economic reasoning. D7. Explain the principles of comparative advantage & comparative
D6. Why do some people fear international trade? Defend the protectionist viewpoint using sound economic reasoning.
D7. Explain the principles of comparative advantage & comparative disadvantage. Using comparative advantage explain how import restrictions hurt domestic consumers. Using comparative advantage to justify free trade- explain how could hurt some segments of the economy for domestic workers.
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