How trade barriers save jobs in protected industries

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Reference no: EM131102165

A. Explain how a subsidy on agricultural goods like sugar adversely affects the income of foreign producers of imported sugar. B. Explain how trade barriers save jobs in protected industries, but only by costing jobs in other industries. C. Who does protectionism protect? What does it protect them from? D. Name and define three policy tools for enacting protectionism. E. How does protectionism affect the price of the protected good in the domestic market?

Reference no: EM131102165

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