Suppose you are the Minister of Commerce Trade and Industry. Zambia would like to trade with Sweden
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Question:
Suppose you are the Minister of Commerce Trade and Industry. Zambia would like to trade with Sweden but Zambia has less income than Sweden. Suppose that Sweden produces Volvo cars while Zambia produces Copper cathodes, yet Sweden can still produce a bit of copper cathodes locally. Would you advise the President to still let Zambia trade with Sweden although Sweden can still produce some copper cathodes locally? Explain your answer using trade policy theory and thinking.
Related Book For
Business and Professional Ethics
ISBN: 978-1285182223
7th edition
Authors: Leonard J. Brooks, Paul Dunn
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