Several new players have significantly expanded their share of world trade.These nations are:

Question

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China, Singapore, South Korea, and Taiwan have all experienced tremendous growth in their share of world trade in recent years, thanks to their export-oriented manufacturing economies and favorable government policies aimed at promoting international trade. Malaysia and Indonesia have also seen some increases in their trade activities, but they are not as significant as those of the four countries listed in Option B. North Korea, Hong Kong, and Cambodia have all had limited participation in the global economy due to political and economic challenges, while Japan is a mature and established economy that has not seen significant growth in trade in recent years.

Several New Players Have Significantly Expanded Their Share of World