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Essay Details:
Essay text:
In times of recession all trade will be slow as it is human nature to be concerned with our own financial futures and people will curb their spending habits. If it is a country that is in recession the international trade will be slow because the currency for that country may be weak thus making the imports more expensive than the domestic products.
It is difficult to define the broad pattern of international trade. Most custom agencies will record the destinations of their exports and the sources of their imports but all records may not be accurate. The government may alter records of military equipment being exported or imported and there is no accurate way to record the products on the black market...
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