Answer:
reduce the gains from trade for the country as a whole.
Explanation:
The theories of the international trade recommended that the trade restrictions do not permit the country to distribute its resources in the case when there is a competitive advantge. Due to this, the consumer lost because of the higher prices and also the producer would continue to exhibit the productivity that would be poor. In addition to this, there is a loss to loss situation.
Therefore as per the given situation, the first option is correct
