At one time, it was believed that the way for a nation to prosper was to export as much as possible while importing as little as possible. More money would flow into a country than out of a country. Is this really a sound economic strategy? What is the relationship between exports and imports?
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Question:At one time, it was believed that the way for a nation to prosper was to export as much as possible while importing as little as possible. More money would flow into a country than out of a country. Is this really a sound economic strategy? What is the relationship between exports and imports?
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4. What are the commonly used arguments for the use of tariffs?
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Business
Economics
Step 2
Trade and Environment
There are sevenal anguments for tene
the use of treiffs
Frstly, it pretects domestic goode and servicesfrom
Internakiomal goods and srwicen This fnotects apecifie f obad
assaiated with thosa goode
and seavios. The sther reas on
Developing coundries use t aniffs
9 N P
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