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Protectionism is one of the most common nationalistic policies. Discuss the pros and cons of protectionism. Provide evidence to support your position. Explain how location

Protectionism is one of the most common nationalistic policies. Discuss the pros and cons of protectionism. Provide evidence to support your position.

Explain how location advantages from clustering (agglomeration) contribute to knowledge spillovers. Provide evidence to support your position.

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