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Discuss and explain the political and economic reasons explaining why governments intervene to regulate trade. Should governments limit their intervention? What are the potential consequences

Discuss and explain the political and economic reasons explaining why governments intervene to regulate trade. Should governments limit their intervention? What are the potential consequences of governmental intervention for firms?

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Answer Governments intervene to regulate trade for various political and economic reasons Political Reasons 1 Protecting Domestic Industries Governments may intervene to protect domestic industries fr... blur-text-image

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