An Impact of Trade Wars and Their Economic Consequences
Keywords:
Trade wars, economic impact, international trade, tariffs, economic growth, employment, exchange rates, government policies, global economy, policy recommendationsAbstract
This study examines the impact of trade wars on economies and their enduring economic consequences. It delves into the origins and nature of trade wars, analyzing their effects on international trade flows, economic growth, employment, exchange rates, and government policy responses. Through case studies and data analysis, it highlights the widespread repercussions of trade conflicts on various sectors and assesses the broader implications for the global economy. The study underscores the importance of understanding the complex dynamics of trade wars and offers policy recommendations to mitigate their adverse effects, fostering a more stable and prosperous global economic environment.
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References
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