The president of Improvia,a developing country,proposes that his country needs to help domestic firms by imposing trade restrictions.

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The proposed trade restrictions would mean that the country is implementing inward-oriented policies. Most economists believe that such policies would have adverse effects on growth in Improvia, as it would limit competition and innovation for domestic firms, making them complacent and less competitive globally. Additionally, trade restrictions could lead to retaliatory measures from other countries, reducing the foreign investment and access to foreign markets for Improvia's firms.

The President of Improvia,a Developing Country,proposes That His Country Needs