Why do countries lower tariffs and regulations in international trade

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asked May 19, 2021 212k views

1 Answer

Mclin · Answer 1 · 2021-05-23T15:40:06+0000

Answer:

Free trade benefits consumers through increased choice and reduced prices, but because the global economy brings with it uncertainty, many governments impose tariffs and other trade barriers to protect the industry

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Why do countries lower tariffs and regulations in international trade

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