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Protectionism is similar to mercantilism as they both advocated q , . specializing in economic activities in which a nation can have an absolute advantage
Protectionism is similar to mercantilism as they both advocated specializing in economic activities in which a nation can have an absolute advantage government involvement in international trade dividing the nations of the world into three categories based on its innovation capabilities developing comparative advantages based on a nation's locally abundant factors
Protectionism is similar to mercantilism as they both advocated
specializing in economic activities in which a nation can have an absolute advantage
government involvement in international trade
dividing the nations of the world into three categories based on its innovation capabilities
developing comparative advantages based on a nation's locally abundant factors
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