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The government of a Central American country decides on the products that can be imported and ensures that any agricultural product that can be produced
The government of a Central American country decides on the products that can be imported and ensures that any agricultural product that can be produced at home will not be imported. Instead, the government wants to maximize agricultural exports to achieve a surplus in the balance of trade. Which perspective likely influences this government's approach to international trade? Question 21 options: mercantilism Leontief's paradox product life-cycle theory new trade theory first-mover advantage
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