- (a) Explain two types of trade protection. [10]
(b) Using real‑world examples, evaluate the view that all countries should specialize and trade according to the theory of comparative advantage. [15]
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Economics HL Paper 1 (May 2025, TZ2)
Economics HL Paper 1 (May 2025, TZ2)
(b) Using real‑world examples, evaluate the view that all countries should specialize and trade according to the theory of comparative advantage. [15]