The tools of the trade policy

 

 

 

 

 

You need to analyze the tools of the trade policy your countries are applying towards the trading partners.

1) describe the measures to protect the local producers (tariffs, quotas, subsidies) – the size, the products that are covered, the time when they are (were) applied;

2) what are the reasons of applying these measures and how it benefits the local economy?

 

 

 

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