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What are four characteristics that make group membership attractive to individuals?
Protective Tariffs
Import taxes imposed by countries to protect domestic industries from foreign competition by making imported goods more expensive.
Import Quotas
Limits set by a government on the amount or value of goods that can be imported into a country.
Domestic Supply
The total amount of a good or service available from producers within a country for domestic consumption or use.
Demand Schedules
Tables that show the level of demand for a specific good or service at different price points, typically holding all other factors constant.
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