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For international trade to benefit a country, it must benefit all citizens of that country.
International Trade
The movement of goods and services across the demarcations of international borders or territories.
Benefit All
A principle or approach aimed at ensuring policies or actions lead to positive outcomes for the entire population or group involved, not just a select few.
Citizens
Members of a particular nation or state who are recognized under the law as legal members of that nation, entitled to rights and subject to its obligations.
- Explore the outcomes of trade practices on economic growth and their effect on several entities.
- Understand the conditions under which trade can be beneficial or detrimental to individuals or countries.
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Learning Objectives
- Explore the outcomes of trade practices on economic growth and their effect on several entities.
- Understand the conditions under which trade can be beneficial or detrimental to individuals or countries.
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