Answer:
Free trade.
Explanation:
This theoretical policy can be explained to be certain laws under which the government is seen to impose absolutely no tariffs, taxes, or duties on imports, or quotas on exports. Therefore, it is directly seen to be the opposite of protectionism, a defensive trade policy intended to eliminate the possibility of foreign competition. It is seen in terms of unrestricted measures in importation and also exportation of goods in and out of a country.
In the world of our own, which is of the recent times, this policy implementation is done by means of a formal and mutual agreement of the nations which are seen to be involved. Also this policy in some cases may simply be the absence of any trade restrictions.
Here are the answers in order: <span>Positive, normative, positive
Positive analysis usually used to find the most efficient way to solve a problem regarding the cost (sometimes it even involve something harsh and unethical)
Normative analysis refers to what should've been done after considering ethical value
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The most difficult to construct.