Economy, asked by alwinks, 11 months ago

What is trade? What way is it different from globalisation

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Answered by oum
2

Answer:

Trade is the buying and selling of goods and services between different countries around the world. Goods that are brought into a country are called imports and those that are sold to another country are called exports.

Trade occurs because no country has enough raw materials or manufactured goods to be self-sufficient. Global trade has been made possible through the process of globalisation.

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