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What are the benefits of free trade but just for developed economies?

User Renm
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1 Answer

4 votes

Answer:

Improves economic situation, living standard and access to high-quality products

Step-by-step explanation:

Free trade helps in expanding economic Resources. Developing nations can profit by expanding their access to economic resources. For developing countries, free trade is very critical, and it assists in getting better access to low price merchandise, expand domestic industries, access to high-quality products and will them towards technology innovations. Overall, free trade improves the living standard and economic and financial situation of developing countries.

User Clement Genninasca
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