Unit 3- Market Reasons to trade internationally

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Trade Liberalisation: The removal of trade barriers


Indirect taxes on imports


A physical limit on the quantity on imports

Advantages of removing the trade barriers:

-Internationa trade is less complicated

-Cheaper to trade internationally

-Domestic firms have greater access to international markets

-International trade is mmore profitable

-Encourages domestic firms to be more effcient

Trade Blocs: An agreement between…


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