Explain How Governments Restrict International Trade and Who Benefits as Well

question 163

Essay

Explain how governments restrict international trade and who benefits as well as who loses from the restrictions.

---

Definitions:

Expert Power

The influence or authority derived from having specialized knowledge or expertise in a particular area.

Reward Power

Reward power is the capacity to influence others' behavior by controlling the allocation of rewards or benefits.

Countervailing Power

The ability of one group to offset the power or influence of another group, often used in contexts where there is a power imbalance, such as in labor relations.

Umbrella

A protective device designed to shield individuals from rain or sunlight, metaphorically used to describe encompassing or overarching entities in various contexts.