Why do most countries have some protectionist trade barriers

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Reference no: EM131085875

(a) Why do most countries have some protectionist trade barriers?

(b) Identify two types of protectionist trade barriers.

(d) For most countries would a fair trade policy usually be the same as a free trade policy? Explain.

(e) Which is better for a country economically, a multilateral free trade agreement including most countries, such as the WTO, or a regional trade agreement with one’s neighboring countries, such as NAFTA? Explain.

Reference no: EM131085875

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