Strategic trade policy relies on threats of protectionism to protect free trade.
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Q39: If a country's productivity doubles for everything
Q40: A quota sets the maximum amount of
Q41: If a country has an absolute advantage
Q42: Tariffs are more desirable than quotas if
Q43: If every country uses tariffs, everyone is
Q45: A quota brings a more serious misallocation
Q46: Both tariffs and quotas will restrict supplies
Q47: The infant-industry argument for trade protection holds
Q48: Any restriction of international trade that is
Q49: If a country's workers can produce 10
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