The prisoners' dilemma model suggests that even when all countries would clearly benefit from trade protectionism,political dynamics trap governments in a liberalized world.

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The prisoners' dilemma model actually suggests that while individual countries might benefit from trade protectionism in the short term, they are better off cooperating for free trade in the long run, as protectionism by all countries would lead to worse outcomes for everyone involved.

The Prisoners' Dilemma Model Suggests That Even When All Countries