World Trade
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Title: World Trade

Essay Details:

Subject: Business
Author: Frances B
Date: July 3, 2015
Level: University
Grade: A
Length: 4 / 1190

Essay text:

If manufactures of goods or service providers from one country are ready to satisfy the demand of people in another country, the trade between these countries can be performed. If one of these factors, supply or demand, world output factors decreases, then international trade will also decrease. World output and trade are directly related to each other. In case of demand affecting on supply we can take Lebanon as an example. Now, when the political situation is not stable, and the country is at war, purchasing power of population enormously decreased. Therefore demand for most of the products, or services imported in the country before, also decreased...

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