How have trade barriers harmed East Asian economies? (1 point) Responses They have made countries dependent on imports. They have made countries dependent on imports. They have limited growth by barring specialization. They have limited growth by barring specialization. They have discouraged education and training of the workforce. They have discouraged education and training of the workforce. They limit government investments in industry and farming.

Question

How have trade barriers harmed East Asian economies?  (1 point) Responses  They have made countries dependent on imports.  They have made countries dependent on imports.  They have limited growth by barring specialization.  They have limited growth by barring specialization.  They have discouraged education and training of the workforce.  They have discouraged education and training of the workforce.  They limit government investments in industry and farming.

Bot GPT 3.5 · Answer

Each response is a valid point that highlights how trade barriers have harmed East Asian economies. These barriers have made countries dependent on imports as they restrict the entry of foreign goods, limiting access to diverse products and technologies. Additionally, trade barriers limit growth by preventing countries from specializing in certain industries, thereby hindering their economic development. Furthermore, these barriers discourage education and training of the workforce by limiting exposure to new ideas, technologies, and practices that can be gained through international trade. Lastly, trade barriers also restrict government investments in industry and farming by limiting access to foreign capital and technology, which can hinder innovation and productivity growth.