Development Economics
International trade allows countries to expand their markets and access goods and services that otherwise may not have been available domestically. As a result of international trade, the market is more competitive. This ultimately results in more competitive pricing and brings a cheaper product home to the consumer.
Written for
- Institution
- New York University
- Course
- Development Economics
Document information
- Uploaded on
- May 25, 2023
- Number of pages
- 210
- Written in
- 2022/2023
- Type
- Class notes
- Professor(s)
- Dr thiago
- Contains
- All classes
Subjects
-
comparative advantage
-
freetrade
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tradebarriers
-
imports and exports
-
balance oftrade
-
tarrifs