A trade agreement is a protectionist policy as it is designed to protect a country's domestic industry from foreign competition.

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A trade agreement is a liberalization policy as it aims to open up trade between countries and reduce barriers to entry, such as tariffs and quotas. While it may provide some protection to domestic industries through regulations and standards, the ultimate goal is to increase competition and benefit consumers by offering a wider range of goods at lower prices.

A Trade Agreement Is a Protectionist Policy as It Is