How might the Prisoner's Dilemma apply to free trade and protectionism?
A) All states have an incentive to cooperate in free trade policies, and those who do not cooperate are excluded from the global system.
B) Even though it is in everyone's best interest for all states to have free trade, individual states have an incentive to enact protectionist policies.
C) Free trade is the most desirable outcome in the global economy; therefore, all states will comply with the global norms of cooperation.
D) Trade is bad for people who are incarcerated.
Correct Answer:
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