Protectionist policies, Explain how are protectionist

Protectionist policies

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Q. The article states growth in the export sector has been one factor contributing to overall growth. How would we represent growth in the export sector and how is it predicted to affect the terms of trade? The article states China could face protectionist strategies; say tariffs from other nations. Explain how are protectionist policies predicted to affect China's terms of trade? Explain how are protectionist policies from other nations predicted to affect China's relative supply and relative demand? Draw a relative supply-relative demand diagram to help you with the logic.

Reference no: EM137907

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