There are four main reasons why economists typically oppose the use of trade restrictions. (1). From a global perspective, free trade increases total output. (2). International trade provides competition for domestic companies. (3). Restrictions based on national security are often abused. (4). Trade restrictions are addictive. Discuss each of these reasons.

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The Answer of There are four main reasons why economists typically oppose the use of trade restrictions. (1). From a global perspective, free trade increases total output. (2). International trade provides competition for domestic companies. (3). Restrictions based on national security are often abused. (4). Trade restrictions are addictive. Discuss each of these reasons.

There Are Four Main Reasons Why Economists Typically Oppose the Use