Restraint of trade be contradiction to public policy

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1. Why would contracts in restraint of trade be a contradiction to public policy? What harm could such contracts cause? What is the reason for making an exception in the case of covenants not to compete in employment contracts?

2. Governments sometimes use "protectionism" to cope with economic problems, imposing tariffs and subsidies on foreign goods as well as placing restrictions and incentives on their own firms to keep jobs at home. What are the strategic implications of protectionism for international commerce?

3. What are the differences between groups and teams? explain in 200 words

Reference no: EM132179315

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