Some empirical trade economists have noted that many countries are both importers and exporters of the same
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Some empirical trade economists have noted that many countries are both importers and exporters of the same products. For example, India both imports and exports sports goods. How do you explain this?
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The phenomenon of countries both importing and exporting the same products such as India with sports goods can be explained by several factors 1 Compa...View the full answer
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Related Book For
Principles Of Macroeconomics
ISBN: 9781292303826
13th Global Edition
Authors: Karl E. Case,Ray C. Fair , Sharon E. Oster
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