The world’s poorest countries are at a competitive disadvantage in every sector of their economies. They have little to export. They have no capital, their land is of poor quality; they often have too many people given available work opportunities; and they are poorly educated. Free trade cannot possibly be in the interests of such nations. Discuss.

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter20: International Trade
Section20.1: International Trade Theory
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The world’s poorest countries are at a competitive disadvantage in every sector of their economies. They have little to export. They have no capital, their land is of poor quality; they often have too many people given available work opportunities; and they are poorly educated. Free trade cannot possibly be in the interests of such nations. Discuss.

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