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What are the fundamental forces driving most of the international trade? (5 Marks) 2. Is free trade based on competition? (5 Marks) 3. Will domestic
What are the fundamental forces driving most of the international trade? (5 Marks) 2. Is free trade based on competition? (5 Marks) 3. Will domestic firms become competitive if the government protects them from international competition? What is the downside of protectionism? (5 Marks) Please carefully watch the following video and answer the given questions: Title of the video: The minimum wage: does it hurt workers? The link: https://www.youtube.com/watch?v=8H4yp8Fbi-Y
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