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For example; growth in export [F.O.B] increased from -3.09% in 1983 to 12.1% in 2003. For the same period imports were 16.6% and 16.8% respectively, similarly, the volume and value of non-traditional exports in particular have been increasing consistently since the implementation of trade liberalization programme in 1983. According to Ghana’s statistical service [2005], the contribution of the non-traditional export to the total export of Ghana grew from 4.2% in 1985 to 25% in 2002.
Another impact of trade liberalization on Ghana’s economy is increased access to foreign goods at cheaper prices...
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