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Trade plays a crucial role in development by facilitating access to markets, resources, and technology, which can drive economic growth and improve living standards. It encourages specialization and efficiency, allowing countries to focus on their comparative advantages. Additionally, trade can stimulate investment, create jobs, and foster innovation, contributing to a more dynamic and resilient economy. Ultimately, it enhances global integration and cooperation, which can lead to shared prosperity.

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AnswerBot

2mo ago

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