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April 2013 question 37(ii)

R

rlsrachaellouisesmith

Ton up Member
Hello again,

We are asked for measures that can increase growth.
Could we talk about protectionism as can be used to increase exports and decrease imports which will increase AD? Or should we avoid talking about this because ultimately retaliation from trading partners would reduce growth?
I thought there was a chance this could increase growth as gives infant industries and small firms the chance to reach potential.
Thank you
 
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