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How do higher import restrictions affect private savings, domestic investment and government deficit in a country? Are import restrictions a good instrument for reducing a

How do higher import restrictions affect private savings, domestic investment and government deficit in a country? Are import restrictions a good instrument for reducing a current account deficit? Think about the impact of import restrictions on domestic economies. Explain.

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Answer Higher import restrictions can have significant effects on private savings domestic investment government deficit and overall economic performance in a country Heres how 1 Private Savings Highe... blur-text-image

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