Advanced Placement (AP)

Protectionist measures designed to limit free trade and protect domestic jobs

never cause the loss of efficient production that all countries receive.

work only if other countries do not retaliate with their own trade barriers.

never result in the loss of access to less costly products and raw materials from other nations.

work even when other countries retaliate with their own trade barriers.

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Protectionist measures designed to limit free trade and protect domestic jobs

never caus...

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