Read the sentence below and identify the descriptive details: The scene that stretched in front of me offered a hint of shelter from the bitter cold. I stood on the icy, snow-covered shore. To my left stretched the waters of the mighty ocean. The shoreline curved ahead of me to the left, reaching a short arm out into the unrelenting cold water. Waves rolled in and frothily snapped at the edge of the land.

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