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Review:

International Trade Policies

overall review score: 4.5
score is between 0 and 5
International trade policies refer to the rules and regulations that govern the import and export of goods and services between countries.

Key Features

  • Tariffs and quotas
  • Trade agreements
  • Customs regulations
  • Market access
  • Currency exchange rates

Pros

  • Promote economic growth
  • Increase global competition
  • Improve market access for businesses

Cons

  • Potential for trade wars
  • Can lead to negative impacts on certain industries or regions
  • Complex and can be difficult to navigate

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Last updated: Sun, Nov 17, 2024, 11:47:43 AM UTC