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Legitimate trade promotes economic growth by creating jobs and generating tax revenue, which can be reinvested in public services and infrastructure. It fosters sustainable practices and ethical standards, ensuring that products are sourced responsibly and benefit communities. Additionally, legitimate trade enhances consumer trust and safety, as it typically adheres to regulations that protect both buyers and sellers. Finally, it helps to combat illegal activities, contributing to overall stability and security in regions affected by illicit trade.
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What are the Effects of legitimate trade?
increase of agriculture activities
What are the advantages of mercantilism?
balance of trade
The advantages and disadvantages of international trade?
job creation
Advantages and disadvantages of trade blocs?
The trade blocs can be stacked up and fit into a small closet.
What arguments comes closest to constituting a legitimate economic exception to the case for free trade?
the infant-industry argument
How legitimate was legitimate trade?
Legitimate trade was the trade which replace slave trade.It was another form exploiting africans. legitimate trade was legitimate due to the following factor; It was legally accepted,was accepted by both africans europeans It had replaced slave trade It was beneficial to both sides African chiefes participated willingly
How legitimate legitimate trade?
Legitimate trade was the trade which replace slave trade.It was another form exploiting africans. legitimate trade was legitimate due to the following factor; It was legally accepted,was accepted by both africans europeans It had replaced slave trade It was beneficial to both sides African chiefes participated willingly
How was legitimate trade legitimate?
Legitimate trade was the trade which replace slave trade.It was another form exploiting africans. legitimate trade was legitimate due to the following factor; It was legally accepted,was accepted by both africans europeans It had replaced slave trade It was beneficial to both sides African chiefes participated willingly
How legitimate is illegitimate?
Legitimate trade, by definition, is not illegitimate.
What is the advantages and disadvantages of foreign trade multiplier?
advantages of foreign trade multiplier
How legitimate was the legitimate trade?
For some questions, context is all-important. This is one of those questions.
What are the Effects of legitimate trade?
increase of agriculture activities
How legitimate trade fall and rise?
Legitimate trade can rise or fall due to various factors, including economic conditions, regulatory changes, and shifts in consumer demand. Economic growth often boosts legitimate trade as businesses expand and consumers have more purchasing power. Conversely, trade can decline during recessions or crises, when demand decreases and supply chains are disrupted. Additionally, trade policies and tariffs can significantly impact the flow of goods, either facilitating or hindering legitimate trade activities.
Is an AAA from a trade school legitimate?
hello im a dolphin
What is the term of legitimate trade?
Legitimate trade refers to the legal exchange of goods and services that comply with the laws and regulations of a country or region. This trade is characterized by transparency, ethical practices, and adherence to standards, ensuring that both parties meet their legal obligations. It contrasts with illicit trade, which involves illegal activities such as smuggling or trafficking. Legitimate trade is crucial for economic development and fostering trust in market systems.
Which type of trade replaced slave trade?
After the trans-Atlantic slave trade was declared illegal and later eliminated, it was replaced by legitimate trade (non-slave trade).
ten impacts of legitimate trade in west africa?
unequal exchange
