ECON: MACRO4
ECON: MACRO4
4th Edition
ISBN: 9781305436862
Author: William A. McEachern
Publisher: Cengage Learning
Question
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Chapter 19, Problem 3.4PA
To determine

Benefits and drawbacks of international trade for the citizens in a developing country.

Concept Introduction:

The exchange of goods and services between two or more countries of the world is known as international trade. Trade refers to both import and export of goods and services for cash or cash equivalents.

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What is the advantage of developing nations in participating the international trade.
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