Domestic market protection
Question: How can a domestic market be protected? If a country had protected domestic market, what would be the likely effect on its balance of trade? Do you think that domestic market protection is to the disadvantage of most people in the country?
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Do you think that domestic market protection is to the disadvantage of most people in the country?
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Determine the importance of separating the people from the problem when negotiating. Support your position with examples from the negotiation you chose.
(a) Identify three types of competition that most firms encounter other than competition from other firms in their industry in their home country.
Analyze the ethical behavior or tactics that are being used in the negotiation. Determine the effect they might have on the outcome of the negotiation.
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