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Economics A Level (DONEEEEEEE)

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Pregunta:

How can Protectionism affect Imports and Exports

Autor: eric_galvao



Respuesta:

-Short Run will see Tariffs and Quotas [Reduces Imports] increase Net Exports as Imports fall -But in the Long Run, Firms that are Protected from International Competition will be Less Efficient as there’s less Competitors -Other Nations may also want to have Tariffs and Quotas.


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