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International trade is a zero-sum game? why When a nation imports materials and other inputs for production...

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Economics

International trade is a zero-sum game? why

When a nation imports materials and other inputs forproduction duty-free, its tariff policy generally results in anominal tariff rate less than the effective tariff rate.why

The United States (US) imposes a tariff on imported stereos.This tariff would benefit US consumers looking to purchase astereo? why

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1st question answered Economics has evoloved as a branch of study There were various perspectives about different topics in economics For example International trade Mercantalists during 15th till    See Answer
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