Digital trade presents an opportunity for countries to develop. What are the factors that lead to middle income countries taking advantage of new trade opportunities and how do they do it?
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Digital trade presents an opportunity for countries to develop. What are the factors that lead to middle income countries taking advantage of new trade opportunities and how do they do it?
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- How have changes in technology contributed to the globalization of markets and production?What is globalization? What is Protectionism? What are the benefits of trade?choose a global event from the past 100 years such as pandemics, recessions and technological booms and examine the effect that it had on global trade.
- Explain what is the pattern of trade, by giving examples.What are the benefits of international trade and how do countries gain from trade?Globalization and international trade can be beneficial and harmful to countries. State and briefly explain 3 advantages and 3 disadvantages in engaging in trade.
- Choose a developing country that is starting to participate in global trade. Describe how economic concepts are affecting the lives of people in that country. Describe both the benefits and drawbacks of the country’s global trade activities.A global event from the past 100 years such as pandemics, recessions or technological booms and examine the effect that it had on global trade.What are the benefits gained from trade? Calculate and show them.