Problem
1. How are economies of scale, comparative advantage, and trade restrictions related?
2. Name three reasons economists support free trade.
3. Why would a country want to be a most-favored nation? Why might it not want to be a most-favored nation?
4. What is the relationship between GATT and WTO?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.