Should trade barriers-import duties be eliminated so good

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Assignment:

"Protectionism" refers to the practice of putting up trade barriers such as import duties so as to reduce or prevent the importation of goods from poorer countries and protect higher-cost industries in more developed nations. Should trade barriers and import duties be eliminated so goods and services can be traded freely around the world? What would the impact be if this change were made? How would this change be made since we don't have a global government that can impose it?

Reference no: EM133210846

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