8. Why are the poor countries of the world poor? One of the reasons can be:

a. trade policies of low-income countries

b. trade policies of high-income countries

Booster class

Microeconomics

Skill

Understanding Protectionism

answers

watching

189

views

For unlimited access to Homework Help, a Homework+ subscription is required.

You have 0 free answers left.
Get unlimited access to 3.8 million step-by-step answers.

Get unlimited access

Already have an account? Log in

OC4149121Lv10

16 Jan 2022

Unlock all answers

Get 1 free homework help answer.

Already have an account? Log in

You have 0 free answers left.
Get unlimited access to 3.8 million step-by-step answers.

Get unlimited access

Already have an account? Log in

Raushan RajLv8

3 Nov 2020

Already have an account? Log in

Related questions

What are your feelings on protectionist trade policies? When are they appropriate, if ever? Can countries employ other tactics when trying to address the reasons they enlist protectionist trade policies?

Which is one of the main reasons for Low-income countries to continue to have a poor standard of living?

(Shattering the Myths about U.S. Trade Policy, Development Lessons for Asia from Non-Asian Countries), and view this TED Talk on foreign direct investment.

Then, look at U.S. trade policies and at another market's trade policies. Contrast and compare the two countries in terms of their major trade policies. Which policy or policies do you think are most important and why? What do you think might be a necessary trade policy that has not yet been implemented? What do you think is the future of trade policies?