Define free trade. 9. Why do many economists believe that unrestricted free trade between nations will raise...

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Economics

Define free trade.
9. Why do many economists believe that unrestricted free tradebetween nations will raise the economic welfare?
10. Explain Q.9 above in terms of absolute and comparativeadvantage,

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Q9 AND 10 Free trade is a policy in which all the countries lift any restrictions over bilateral and multilateral trade such as tariffs import quotas taxes or duties etc free trade See Answer

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