Free Trade vs. Protectionism

Free Trade vs. Protectionism

Assessment

Interactive Video

Business

11th Grade - University

Hard

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The video tutorial explores the concepts of free trade and protectionism, discussing their advantages and disadvantages. It explains how protectionism uses tariffs, quotas, and other barriers to shield domestic industries, while free trade promotes competitive markets and international cooperation. The tutorial also touches on recent trade controversies, such as Brexit, and the role of organizations like the WTO in facilitating global trade.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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