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What engages global trade?

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Anonymous

12y ago
Updated: 8/20/2019

engages as in stimulates or drives...

Consumerism - customers want (demand) a product (supply).

With the advent of technology in Capitalism, companies must constantly be growing. Expanding into emerging markets (globally) is the logical opportunity for any business who finds there current customer base is saturated.

The costs of production also drive global trade. Cheaper labor often leads to cheaper pricing, which yields higher purchases.

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Wiki User

12y ago

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