For a small country,free trade results in a higher level of national welfare than tariff protection.

Name: For a small country,free trade results in a higher level of national welfare than tariff protection.
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Free trade allows for increased specialization and efficiency, leading to lower costs and ultimately higher levels of national welfare. Tariff protection, on the other hand, often leads to higher prices for consumers and a less competitive domestic market.

For a Small Country,free Trade Results in a Higher Level