Trade embargo on a country

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Discuss why would a nation impose a trade embargo on another nation and what are a trade embargo's typical effects? Discuss an actual instance of a trade embargo on a country.

Name an industry that experiences economies of scale in production and explain why the industry exhibits this characteristic. What actions can a country's government take which promote or hinder an economies of scale industry?

Use Japan, China, Taiwan, or Mexico in the example used for this question.

 

Reference no: EM1375647

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