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Nasir Sumler

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3y ago

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Do some trade theories work better than others for different industries?

yes some international trade theories work very well than other for different industries


Do some international trade theories work better than others for different industries?

yes some international trade theories work very well than other for different industries


What is the definition for large scale industries in India?

These are industries that do a lot of trade and business in India. They may include food, manufacturing, or some other industry.


How has free trade have different impacts on developing and developed countries?

Free trade can benefit developed countries by opening up new markets for their goods and services, leading to increased exports and economic growth. However, it can also lead to job losses in certain industries that cannot compete with cheaper imports. In developing countries, free trade can provide access to new technologies and investment, but it can also disrupt local industries and lead to exploitation of workers and resources.


Why were certain trade routes called triangle trade routes?

Certain trade routes were called triangle trade routes because the route was shaped like a triangle. It was when three ports or regions would trade with each other.


Why were certain trade route called the triangle trade routes?

Certain trade routes were called triangle trade routes because the route was shaped like a triangle. It was when three ports or regions would trade with each other.


In which industries do Italy and Germany compete with each other for trade with other countries?

They compete with each other in the farming industry due to arable land.


Why were certain trade routes called triangle routes?

Certain trade routes were called triangle trade routes because the route was shaped like a triangle. It was when three ports or regions would trade with each other.


When a country sells more goods than it buys from other countries?

When a country sells more goods than it buys from other countries, it experiences a trade surplus. This means that its exports exceed its imports, which can positively impact its economy by increasing national income and potentially strengthening its currency. A trade surplus may also indicate a competitive advantage in certain industries. However, sustained surpluses can lead to trade tensions with other countries.


If a certain country economy has begun to significantly expand and certain industries have begun to export to other countries?

If a country's economy is significantly expanding and certain industries are successfully exporting, it often indicates increased productivity and competitiveness on a global scale. This growth can lead to job creation and higher income levels, boosting domestic consumption. However, it may also pose challenges, such as the need for sustainable practices and potential trade tensions with other nations. Overall, this scenario suggests a positive trajectory for the country's economic health.


Industries exempt from Fair Trade Act?

What United States industries are exempt from the USA Fair Trade Act and when were the exemptions made?


What statement explains of the effect of international trade on America industries?

International trade has a significant impact on American industries by increasing competition, which can lead to greater efficiency and innovation. It allows U.S. companies to access larger markets, boosting sales and profitability. However, it can also lead to challenges for certain sectors, as industries facing foreign competition may struggle to maintain market share and jobs. Overall, while trade can enhance economic growth, it necessitates adaptation and resilience within various industries.