Sample Answer: Countries A and B should trade with each other because country A can produce timber, minerals, and other raw materials for country B’s industries. Country B can export its manufactured goods to country A and various other countries. By engaging in trade, the countries increase each other’s exports and enable each country to get what it needs.
Explanation: From Plato
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Answer:
According to the public interest model, government tries to enact laws, regulations, and policies that benefit the public. The private interest (or public choice) model, by contrast, suggests that government officials enact laws that are in their own private interest.
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