This is a short summary of the paper
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Consequences Of Trade Restrictions And Tariffs
Start of Term Paper
How does imposing trade restrictions affect a country's macro economic
objectives?
Nowadays all countries need to trade between themselves. Countries
always lack of some type of good and the only way they can get them is by
importing them from .... Middle of Term Paper
... be like a
stimuli for national producers to produce more and with a better quality and to
find ways of having lower costs of production. This aims come to light because,
as foreign products enter the market, they may be of a better quality and even
cheaper than the national ones. Now, the consumers will have more possibilities
to choose from and, it is very probbable that they will choose the cheaper and
brand new products. So, if national producers donīt do anything in order to
improve thier products, then they will be in danger of going to bankruptcy. As a
result of this, the national products have to seek, as I said before, for
cheaper co ... |
| Number of Words: 771 |
Approximate Pages: 3 |
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