Assignment:
We are learning about all the benefits of free trade (key word "free"). We are also learning about the hidden costs related to trade restrictions. Please discuss the notion of opportunity cost as it applies to free trade. Put emphasis on the notion of protectionism w/ emphasis on the benefits of free trade. please feel free to discuss more aspects of trade, real-world examples, and YOUR experiences!
Please respond is 500 to 700 words
2 max outside sources allowed
Textbook- Daniels, J. P. and VanHoose, D. D. (2014). Global Economic Issues and Policies, 3 rd edition. Routledge. ISBN: 978-0415710190