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International Trade
Problems
Problem 4.1:
Why would a government impede free trade?
[Solution]
Problem 4.2:
How do quotas work?
[Solution]
Problem 4.3:
How do tariffs work?
[Solution]
Problem 4.4:
How do subsidies work?
[Solution]
Problem 4.5:
What are two harmful effects of a large trade deficit?
[Solution]
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