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Why do poor countries earn less money from trade than richer countries?
Wiki User
∙ 15y ago
Because the rich people / countries want the poor people / countries to stay poor so they are rich. The poor not having many jobs and obviously money will take the amount they can get for the job. So the Rich companies give little money for the trade because there are so many unemployed thus the littlest of money being better than nothing.
Wiki User
∙ 15y ago
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How did the people of Jamestown earn money and trade?
well they get there money by working but,when they dont get money instead they trade
How do fair-trade help?
fair trade helps poor people on farms who don't earn enough money to feed themselves and are over worked in harsh conditions-with the help of fair trade- when a fair trade product is sold the money is shared fairly giving the hard working poor people more money- the fare trade minimum cost is a standard they have for all fair trade products- it means that the workers must get enough money to be healthy e.g. food and water and a place to live
How would you match each type of tariff A revenue tariff B protective tariff with its purpose C retaliatory tariff 1 earn money for the government 2 engage in a trade war 3 help domestic producers?
Revenue tariff - Earn Money for the Government Protective Tariff - Help domestic producers Retaliatory tariff - engage in a trade war
Why is specialization so valuable for international trade today?
It builds a profitable economy and allows a country to earn money, but items that can not be made or produced in the country.
Which economic system centers on trade?
The capitalist system or "market economy" uses trade. You earn money where you want and use it to buy what you want (trading money for goods). It is possible that the question is looking for an answer of a "barter economy" where people trade goods and services directly without the use of currency (I give you 1 cow for 5 sheep).
How did the people of Jamestown earn money and trade?
well they get there money by working but,when they dont get money instead they trade
Why do countries global trade?
usually its to earn a living ($$$)
What are some reasons why people trade?
to earn money
Can you trade forex without any money?
Yes, you can trade. But you can't earn in this case
Why did the Sumerians begin to trade?
to earn money to build a ship
How did trade and economic competition play a role in starting the war?
A basic answer to your question is that these two countries wanted to control the American colonies because if they control the land, then they can earn more money from engaging in international trade.
Why did the fur trade start in the 1500?
most of the Russians wanted to earn money, so they hunted fur to trade
Why is oil so important to the countries in the Arabian peninsula?
It is hard for these countries to earn money in other ways.
How does money in my account benefit the bank. does it mean the bank is richer?
The money you deposit into your account is an obligation for the bank to be paid to you anytime you want. The bank would lend this money to its other customers and earn an interest income from it.
Who benefits from the Fair trade?
The Farmers who farm the Fair trade product, benifit because they earn more money than with a company that is not fair trade.
Types of problems do people in these countries have to face?
they cant earn enough money
Who benefits from the Fair trade mark?
The Farmers who farm the Fair trade product, benifit because they earn more money than with a company that is not fair trade.
