Why do economists oppose policies that restrict trade among nations
Asked by admin @ in Economy viewed by 488 People
Why do economists oppose policies that restrict trade among nations?
Answered by admin @
Answer:
Economists oppose policies because they know there long term impact. If trade is restricted , overall development will not take place in that country. Economists konw that trade among nations increase ' specialization of activities' . Specialization makes them better off by increasing comparative advantage
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