Because industrial countries depend upon the less developed countries for their food and raw materials, the less-developed countries account for the majority of world trade.
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Q22: It is possible for China to have
Q23: A country must always have an absolute
Q24: A country must always have a comparative
Q25: A nation should specialize in the good
Q26: Exports as a percentage of global GDPs
Q28: Japan exports more goods than any other
Q29: U.S. tariff rates are substantially higher than
Q30: A tariff will decrease the quantity supplied
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Q32: If two nations engage in trade, they
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