A tropical country can produce winter coats, but there is no domestic demand for these coats. Explain how this country can gain from trade in winter…

1. A tropical country can produce winter coats, but there is no domestic demand for these coats. Explain how this country can gain from trade in winter coats. The United States exports a substantial amount of scrap iron and steel to Japan and other countries. Why do some U.S. Users of scrap iron and steel support a prohibition on these exports?

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