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 Form 4 Business Studies questions and answers on international trade

Outline reasons why a country would impose measures aimed at restricting trade with other countries.

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Answer Text:
-To protect local infant industries
-To protect extremely important industries e.g food security
-For creation and protection of employment
-To prevent dumping
-For preservation of balance of trade.
-To protect cultural and social values.
-So as to promote self reliance


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