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10 cards from this deck
Protecting local industries from foreign competition
Helping domestic industries sell goods internationally
Work together; import substitution can lead to export promotion
Mix of protection & free trade via trade blocks
Free trade within members, protection against non-members
Independent facilitator for global free trade
Remove tariffs within; each keeps own external policies
No internal tariffs + common external tariffs
Customs union + free movement of labour & capital
Highest integration: unified policies, one bank, single currency
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