Rose was training to be a ballerina. One day, during a recital, she fell and injured her ankle. The doctors told her that there was a chance that she might never dance again. But Rose would not give up so easily. After months of physical therapy, she went back to her doctor. He said she could start training again. She started slow and gradually improved. Now, through her hard work and determination, she has become a professional ballerina. So you must never give up on your dreams!

Identify the trade regulation concept described in each scenario. protectionism free trade trade war country a and country b want to develop their respective export markets. both countries have highly developed agricultural, industrial, and service sectors. the countries decide to initially lower trade barriers and eventually remove them completely. arrowright country a has an agrarian economy with an emerging industrial sector. to allow domestic industries to grow, country a applies quotas on all industrial products except those that are used as resources. arrowright country a passes an economic policy that will indirectly give its own companies an advantage over country b’s companies. country b alleges that the policy violates the countries’ trade agreement and imposes retaliatory tariffs. arrowright