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Devyani Vaghela
on Nov 12, 2024

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International trade between countries typically produces a winner and a loser.Generally,it is the more economically advanced country that gains at the expense of the less developed nation.

International Trade

The exchange of goods, services, and capital between countries and territories.

Economically Advanced

Describes countries or regions with high levels of income, sophisticated infrastructure, and a diverse economy, often synonymous with developed countries.

  • Gain insight into the factors that drive nations to engage in trade.
  • Comprehend the assortment of commodities and services that commerce introduces to a nation.
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Frank IzaguirreNov 15, 2024
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