Economists tend to agree that in defining the rules of trade among countries, ______________ is preferable to ______________.

Question

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Economists generally agree that freer trade, which allows for the unrestricted exchange of goods and services between countries, is preferable to protectionism, which involves using tariffs and other barriers to restrict imports and protect domestic industries. Freer trade is believed to increase efficiency, innovation, and overall economic welfare.

Economists Tend to Agree That in Defining the Rules of Trade