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ESP Int l Trade Coursebook

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Because they think protectionism would prevent countries from raisin their living
standard and income.
- Improve balance of trade/payment
- Competing with foreign companies
- Protect strategy industries and infant industries
- Reduce a balance of payment deficit
- Protect against dumping
- Because they would industrialize in order to counteract what they saw as a inevitable
fall in commodities pace and to protect the infant industries.
Because of IMF pressure on the obligation to export as much as possible and export
leads to growth.
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