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Despite Apparent Unanimity Throughout the World About the Desirability of Free

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Essay

Despite apparent unanimity throughout the world about the desirability of free trade,managed trade is the rule.Mercantilism thrives and has adapted to the economic world of the 1990s.Corporations have replaced nations as the driving force behind efforts to manage the international trade system.Do you agree or disagree with this statement? Explain using appropriate trade theories.


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