Explain Three of the Arguments That Are Made to Justify

question 7

Essay

Explain three of the arguments that are made to justify trade barriers such as tariffs and quotas.

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Definitions:

Territorial Reorganization

The process of changing the boundaries, governance, or ownership of geographic areas, often for political, administrative, or strategic reasons.

Holy Roman Empire

A complex multi-ethnic, political entity in Europe that existed from 962 to 1806, comprising territories in present-day Germany, Austria, Switzerland, Italy, and beyond.

Treaty of Paris

A significant agreement signed in 1783 that ended the American Revolutionary War, acknowledging American independence from Britain.