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How does voluntary trade promote economic progress?
It encourages specialization and usually means more profit
Explain what is meant by Terms of Trade and why it is an important economic statistics?
yes
Why is aden the economic center of Yemen?
It is an important port in the oil trade. ( novanet)
What was an important economic activity of both the french and dutch settlements?
Fur trade
Why are trade blocs important?
Trade blocs are important because they facilitate economic cooperation and integration among member countries, promoting trade by reducing tariffs and other barriers. This can lead to increased economic growth, improved market access, and greater competitiveness. Additionally, trade blocs can enhance political ties and stability among member nations, fostering collaboration on various issues beyond trade. Overall, they play a crucial role in shaping regional and global economic landscapes.
How does voluntary trade promote economic progress?
It encourages specialization and usually means more profit
What was Portugal's main source of economic support came through the business of?
exchange or trade
Explain what is meant by Terms of Trade and why it is an important economic statistics?
yes
What country is the most important partner in economic trade to Bhutan?
It is India.
What was an important economic of both the French and the Dutch settlements?
Fur trade
What was the important economic activity of both the French and the Dutch settlements?
Fur trade
Why is aden the economic center of Yemen?
It is an important port in the oil trade. ( novanet)
Why were Hans wolfgang singer and raul prebisch important in the world of economic trade and what was their tie in with tot terms of trade?
ther is no answer
How was trade important to the economic development of Western Europe the US and Japan during the postwar decades?
It was VERY important
How was trade important to the economic development of Western Europe US and Japan during the postwar decades?
It was VERY important
How was the trade important to the economic development of western Europe US and japan during the postwar decades?
It was VERY important
How was the trade important to economic development of western Europe the US and Japan during the postwar decades?
It was VERY important
