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Suppose the United States decided to radically reduce trade with other nations. 1.How would that action affect your life and the lives of other Americans?

Suppose the United States decided to radically reduce trade with other nations.

1.How would that action affect your life and the lives of other Americans?

2.How would that action affect the Real GDP in the United States?

3.Who benefits from trade barriers?

4.Who is hurt by trade barriers?

5.Should the United States have more or fewer trade barriers?

Be sure to use complete sentences and explain your answers in detail.

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