Question related to international trade policy

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1: Assume that a nation declares that it is moving toward free trade through decreasing its tariffs on intermediate inputs while maintaining its tariffs on final goods. What is your evaluation of the announced "free-trade" direction of the country's policy?

2: A dollar appreciation against the Swiss franc is no guarantee that the dollar will "go further" than it previously did in acquiring Swiss goods. Do you agree ? Explain.

 

Reference no: EM1375655

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