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Macroeconomics - Arguments for Trade Restrictions
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a. National Defense argument says that if a nation relies on imports for weapons, materials for weapons, or other goods necessary to wage war that nation could be vulnerable if there was war.</span><br style="color: #333333; font-family: Helvetica, Arial, sans-serif; font-size: 13px; line-height: 16.8999996185303px;" /><br style="color: #333333; font-family: Helvetica, Arial, sans-serif; font-size: 13px; XXXX-height: 16.8999996185303px;" /><span style="XXXXX: #333333; font-family: Helvetica, XXXXX, XXXX-serif; XXXX-XXXX: 13px; XXXX-XXXXXX: XX.XXXXXXXXXXXXXXX;">Declining XXXXXXXXXX I XXXXXXX XXXX XXX XXXXXXXX XX XXXXX you speak XX talking XXXXX an industry XXXXX XXXX are XXXXXXXXX. XXXX XX usually XXXXXX a XXXXXX and it calls XXXX your sense XX higher XXXXX ground XX protect the helpless workers from XXXXXXX foreign goods</span><XX style="XXXXX: #333333; font-XXXXXX: XXXXXXXXX, XXXXX, sans-serif; XXXX-XXXX: 13px; line-XXXXXX: 16.8999996185303px;" /><br style="color: #333333; XXXX-XXXXXX: Helvetica, Arial, sans-serif; XXXX-XXXX: 13px; XXXX-XXXXXX: XX.XXXXXXXXXXXXXXX;" /><span style="color: #333333; font-family: XXXXXXXXX, Arial, sans-XXXXX; XXXX-size: XXXX; line-XXXXXX: XX.XXXXXXXXXXXXXXX;">Infant XXXXXXXX argument XXXX XXXX it XXX XX XXXXXXXX XXX XXX XXXXXXXX of a nation to XXXXXXX in XXX global market, however it XXXXX XX be protected XXXXXX it can XX developed. The XXXXXXXX XXXX this argument XX that you can XXXX XXXX XXXXXXXX XXX XXX XXXXXXXX, XXXX in one that XXXXXX XXXXXXX XXXX, XXX XXX XXXXXX who XXXXXX this XXXX have anything XX XXXX XXXXX on it. If it was XXXX that an XXXXXXXX XXXXXX time to grow, then investors would XX willing XX put XXXXX XXXXX XXXX it XXX the businessmen who ventured into XXXX XXXXXXXX would XX XXXXXXX to XXXX XX the debt to XXXX up to XXXX point.</span></p> <p></p> <p><span style="color: #XXXXXX; font-family: XXXXXXXXX, Arial, sans-XXXXX; font-XXXX: 13px; line-height: XX.8999996185303px;">b.</span><span style="XXXXX: #333333; XXXX-XXXXXX: XXXXXXXXX, XXXXX, XXXX-serif; XXXX-size: 13px; line-height: 16.XXXXXXXXXXXXXXX;">It&XXXXX;s a XXXXXXXXXXX XXXXXXXX, XXX XXX no basis for job XXXXXXXXXX. XX resisting import XXXXX XXXXXXXXX they implicitly XXXX XX retain XXXX XXXXXXX XXXXXXXXXX. Protection, XXXXXXXX, reduce competition and XXXX XXXXXXXXXX inefficient. The inefficient XXXXXXXXXX XXXX XXXXX to loss of welfare and XX well as discourage development of XXX techniques. XXXXX XXXX XXXX, when XXXX XXXXX XX established, XXX XXXXX force and XXXXXXXXX which XXXX being XXXX inefficiently in XXX industry XXX XX XXXXXXXXXXX to XXXXX productive activities.</span></p> <p style="margin: 0px 0px 1em; padding: 0px; border: XXX; XXXX-XXXXXX: Helvetica, Arial, sans-XXXXX; font-size: XXXX; font-stretch: inherit; XXXX-height: 16.8999996185303px; vertical-XXXXX: XXXXXXXX; max-width: XXXXX; color: #333333;">Those restriction which XXX only encourage rent XXXXXXX activities should XXX be XXXXXXXXX.</p> <p style="XXXXXX: 0px 0px 1em; padding: 0px; border: 0px; XXXX-XXXXXX: XXXXXXXXX, Arial, XXXX-serif; font-XXXX: XXXX; font-stretch: inherit; line-height: 16.XXXXXXXXXXXXXXX; vertical-XXXXX: baseline; max-width: XXXXX; color: #XXXXXX;">Yes, for XXXXX sectors in which survival XX XXXX XXXXXXXXXX XXXXXX XXXXXX be XXXXXXXXX for time XXXXX till XXXX XXXXXXX XXXXXXXX and population can XX XXXXXXXXXXX to other XXXXXXX.</p>">
