Question

“There is no point in the United States complaining about trade policies in Japan and Europe. Each country has a right to do whatever is in its own best interest. Instead of complaining about foreign trade policies, the United States should let other countries go their way, and give up our own prejudices about free trade and follow suit.” Discuss fully both the economics and the politically economy of this view point using all the information in Chapter 10 (should use the Prisoners’ Dilemma as part of your analysis)

Please don't copy and paste from other websites. I can get those myself. Only answer if you have knowledge of the topic so we're not getting random answers that don't make sense.

Answer 1