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Scrutinize three reasons why countries restrict trade. ( 6 marks) Using appropriate illustration, show a small country that has imposed an import quota.( 3 marks)

Scrutinize three reasons why countries restrict trade. ( 6 marks) Using appropriate illustration, show a small country that has imposed an import quota.( 3 marks) Show and explain the quota rent.( 2 Marks) Analyze the welfare implications of an import quota.( 9 mark

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