In Chapter 3, Homan Walsh enters a kite-flying contest that is staged to find a way to stretch a rope across the gorge at Niagara Falls. a. and he couldnot get home becuase there was to much ice on the river b. but when the kite fell to the ground the string broke. the ferry boats where not running. the woman was stranded in canda and might be left alone mightnight

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