Global Economics

10 minutes presentation, Explain the pros and cons of the government of Russia, using the following trade barriers:

  1. Tariffs
    2. Subsidies
  2. Quotas

 

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Justify your answer for each trade barrier with actual data and evidence for specific industries.

 

Learning outcomes: develop a complex understanding of the main concepts of international economics and how to apply them, understand the rationale behind several protection mechanisms used in Russia.

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