Liberal trade theorists advocate the use of quotas, tariffs, and other barriers to protect local industry from import competition and "bring the jobs back home."

Question

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Liberal trade theorists generally support free trade and oppose the use of trade barriers such as quotas and tariffs. They argue that free trade promotes efficiency and economic growth, and that protectionism can lead to reduced competition, higher prices, and lower quality products for consumers. They do not advocate for protection of local industry or bringing jobs back home through trade barriers.

Liberal Trade Theorists Advocate the Use of Quotas, Tariffs, and Other