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10 cards from this deck
Policy discouraging imports to shield domestic industries
Buying/selling globally without govt interference
New industries with high costs vs mature foreign competitors
Selling goods abroad below production costs
Food, energy, defence materials
Countries focus on goods where they have relative advantages
Larger production volumes reduce unit costs globally
Competition encourages continuous product/process improvements
Combining selective protection with areas of free trade
Access to products worldwide, not just domestic goods
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