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In this type of economy, importing and exporting goods between nations increase the exporting country's GDP, meaning policymakers must consider what the implementation of a

In this type of economy, importing and exporting goods between nations increase the exporting country's GDP, meaning policymakers must consider what the implementation of a trade policy would have for the nation's economy. For example, when the government imposes trade restrictions like an import quota, it affects the world financial markets

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