Question

Discuss different trade policies that are currently enacted and if they should be updated in some way.
Then create your own policy about an area in the economy is currently not addressed in current trade policies.
Select the link to access the Trade Discussion.

Answer 1

U.S. trade policy promotes economic growth through regulations and agreements that control imports and exports with other countries.

Trade allows countries to specialize in the production of the goods and services that align with their comparative advantage.

What are trade barriers?

A trade barrier refers to a natural barrier or imposed restraint by government on the flow of international goods or services.

Some examples of trade barrier include import quotas, embargoes, buy-national regulations, distance, language etc.

In conclusion, a trade barrier reducing policy is the policies that the Melanie's country has adopted to reduce international trade barriers.

Read more about trade barriers here,

https://brainly.com/question/19109348

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