How can export taxes and subsidies be justified

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Reference no: EM13330206

1. How can tariffs, quotas, export taxes, and subsidies be justified? Can you cite an example of where they are be used in today's global economy?

2. What are the side effects of import duties? Can you give an example of how a country pays a price for imposing import duties?

3. Worldwide, there are 150 regional free trade and customs agreements. The U.S. is party to only three. Discuss the history of U.S tariff policy.

Reference no: EM13330206

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