A nation is able to regulate its imports and exports through the use of instruments such as trade protection and trade arrangement.
<h3>What are exports?</h3>
These are the goods that a country brings in to their nation from another nation.
<h3>What are imports?</h3>
These are the goods that are brought in from other places to a particular country.
The way to regulate these trade is by the use of tools such as trade tariffs and the use of trade agreements between nations.
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