For developing countries:

Question

Quizplus · Accepted Answer

Trade can be a major source of development for developing countries as it can provide access to new markets, increase export revenue, and attract foreign investment. However, it is important for developing countries to carefully manage their trade policies and ensure they are able to compete globally before fully engaging in international trade. Encouraging both imports and exports can help create a more balanced trade environment and ensure the benefits of trade are spread across various sectors of the economy.

For Developing Countries