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Topic 21: International Trade
International Trade
Trade Trade means buying and selling of goods and services with the view of making profit. Types of Trade The opposite diagram illustrates the types of trade. International Trade Inter…
Unit 49
49: Conflicts of Interest in Free Trade and Protectionism
International Specialization It refers to concentration of a country’s resources on a particular product or few products. Countries specialize on the basis of absolute advantage or comparat…
Trade Barriers
Trade Barriers
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