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Why do both sides think their opponents trade policy loses jobs?

Why Do Both Sides Think Their Opponents Trade Policy Loses Jobs class=

Sagot :

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Free Trade is also known laissez-faire, a policy by which a government does not discriminate against imports or interfere with exports by applying tariffs (to imports) or subsidies (to exports). Free trade occurs when goods and services can be bought and sold between countries or sub-national regions without tariffs, quotas or other restrictions being applied. Hence,

both sides think their opponents trade policy loses jobs because both sides will force people out of their jobs. Increase in imports will force local producers out of business and so, increase in exports will disinterest importers.

What is a policy?

Policy is a deliberate system of guidelines to guide decisions and achieve rational outcomes. A policy is a statement of intent and is implemented as a procedure or protocol. Policies are generally adopted by a governance body within an organization.

Therefore, the correct answer is as given above

learn more about policy: https://brainly.com/question/3006046

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