Features of world trade patterns
- Created by: noahsam
- Created on: 09-03-17 11:25
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- Features of World Trade Patterns
- Primary product dependency for many poorer countries
- Prices controlled on world markets out of poorer country's control
- Rich world dominated by manufactured goods & services
- Greater likelihood of tariffs or quotas imposed by the richer world
- Poor world trade deficit
- Rich world trade surplus
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