Free Trade and Globalization
Acton Line
The Importance of Trade in the Developing World
The story in the developed world, you allude toth trade is a sort of wind, wind proposition. But it had different effects in the developing world. Could you unpack some of that for us? The developed world of the world, there's no doubt gained, gained from this process. We got cheaper, cheaper clothes,. specialization in production processes and more competition.
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