Explain Why,if Specialization and Trade Always Makes It Possible to Increase

question 11

Essay

Explain why,if specialization and trade always makes it possible to increase a country's consumption,in effect generating extra output from the existing stock of scarce resources,anyone would favour placing restrictions on trade through such means as tariffs or quotas.

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Definitions:

Blood Pressure

The pressure of circulating blood on the walls of blood vessels, typically measured for diagnosis since it is closely related to the force and rate of the heartbeat and the diameter and elasticity of the arterial walls.

Systolic

Relating to the phase of the heartbeat when the heart muscle contracts and pumps blood into the arteries.

Diastolic

Pertaining to the phase of the heartbeat when the heart muscle relaxes and allows the chambers to fill with blood.

OTC Drugs

Medications that can be bought without a prescription, typically for the treatment of minor health problems.