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QUESTION Trade restrictions are sometimes imposed on imported products, but rarely has anybody suggested to restrict exports. Why? (Hint: consider who are the winners and

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QUESTION Trade restrictions are sometimes imposed on imported products, but rarely has anybody suggested to restrict exports. Why? (Hint: consider who are the winners and losers in each situations) ANSWER They have not suggested this because of all the revenue we would lose if there were restrictions as to what we could export out of the country. In doing so that would open more trade revenue for other countries in that market who do not have those restrictions on exporting goods outside the county. So, in easier terms we would be the losers and the companies who took over that outside market that we can no longer export to or have a certain amount we can export outside the country would turn into favor on them and they would become the winners in this equation because they would be able to take over that specific market and generate more revenue for themselves. I would like some comment about the

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