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    trade restriction

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    When a country imposes a trade restriction on certain products, say in the form of import tariffs for the sake of protecting domestic industries againts competing foreign products, is trade still a win-win game? Why? Why not?

    Who are the likely winners and losers within the country? Why?

    © BrainMass Inc. brainmass.com October 10, 2019, 3:38 am ad1c9bdddf
    https://brainmass.com/business/international-trade/trade-restriction-428086

    Solution Preview

    Yes, it is a win-win situation because foreign companies still get to explore the market opportunities ...

    Solution Summary

    When a country imposes a trade restriction on certain products, say in the form of import tariffs for the sake of protecting domestic industries againts competing foreign products, is trade still a win-win game? Why? Why not?

    $2.19