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22 August, 00:23

Classify each consequence of protectionism as a benefit or drawback

Growth of new industries

Domestic job production

poor-er quality jobs

can encourage other countries to impose trade regulations

decreased GPD

Inefficiency in companies

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  1. 22 August, 01:13
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    Benefits:

    domestic job protection

    growth of new industries

    Drawbacks:

    poorer-quality products

    can encourage countries to impose trade regulations in return

    inefficiency in companies

    decreased GDP
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