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What is the impact of trading to business?​

Sagot :

Explanation:

Economy -wide trade creates jobs in industries that have a comparative advantage and destroys jobs in industries that have a comparative disadvantage. Trade barriers protect domestic industry and jobs. Workers in export industries benefit from trade

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Answer:

Economy -wide trade creates jobs in industries that have a comparative advantage and destroys jobs in industries that have a comparative disadvantage. Trade barriers protect domestic industry and jobs. Workers in export industries benefit from trade.