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Consequences Of Trade Restrictions And Tariffs
How does imposing trade restrictions affect a country's macro economic
objectives?
Nowadays all countries need to trade between themselves. Countries
always lack of some type of good and the only way they can get them is by
importing them from other countries which do produce the desired goods. However,
countries many times import products they are able of producing and now, this
isnīt a matter of need; itīs a matter of taste in order to give the consumers
the possibility to choose.
Both imports and exports contribute, in different ways, to the
development of a certain economy, for example the Peruvian one. Nowadays, Peru
h ....
Word count: 771 - Page count: 3
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