Question
Q#1) Are trade restrictions necessarily bad for a developing economy? Under what circumstances are trade restrictions good for the economy? Under what circumstances are trade
Q#1) Are trade restrictions necessarily bad for a developing economy?
- Under what circumstances are trade restrictions good for the economy?
- Under what circumstances are trade restrictions bad for the economy?
Pick two developing economies for each question.
Q#2) Using demand and supply diagrams explain the major welfare differences between tariff and quotas?
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International Economics
Authors: Robert C. Feenstra, Alan M. Taylor
3rd edition
978-1429278515, 142927851X, 978-1319029517, 1319029515, 978-1429278447
