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Analysing 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?

Consider the statistic support, examples, links so on. Try to stay sufficiently critical in your analysis. The word count doesn’t play a vital role, still should be sufficient to describe the corresponding policy (at least 1000 words altogether for the post). Remember to provide the sources.

 

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