Respuesta :
1. Free trade, which is the capitalist economy model,in an increasingly interdependent economy, calls for the raising of all trade regulations.
2.protectionism policies ( often used by communist nations like china countries protect some parts of the economies than others)
3.trade wars like those taking place between the usa and China
2.protectionism policies ( often used by communist nations like china countries protect some parts of the economies than others)
3.trade wars like those taking place between the usa and China
Answer:
1.Country A and country B want to develop
their respective export markets. Both
countries have highly developed agricultural,
industrial, and service sectors. The countries
decide to initially lower trade barriers and
eventually remove them completely. = Free Trade
2.Country A has an agrarian economy with an
emerging industrial sector. To allow domestic
industries to grow, country A applies quotas
on all industrial products except those that
are used as resources. = Protectionism
3. Country A passes an economic policy that
will indirectly give its own companies an
advantage over country B’s companies.
Country B alleges that the policy violates
the countries’ trade agreement and
imposes retaliatory tariffs. = Trade War
Explanation:
