Identify which countries have benefited the most from international trade over t
ID: 1209266 • Letter: I
Question
Identify which countries have benefited the most from international trade over the last few decades. What policies do these countries have in common? Do their experiences lend support to the infant industry argument or argue against it? To support your answer, you will want to use academic sources to help research various countries.
Identify which countries have benefited the most from international trade over the last few decades. What policies do these countries have in common? Do their experiences lend support to the infant industry argument or argue against it? To support your answer, you will want to use academic sources to help research various countries.
Explanation / Answer
The countries which have benefitted from International Trade over the last few decades are China, Europe, USA, Japan. The common policies adopted by the companies includes increase in the business in other parts of the countries. It also includes increase in the outputs due to large investmetn made by the countries. The increase in the exports by the countries to increase foreign trade. There should be support given to the inflant industry which are new in the market. This should be done to increase trade and commerce in the country.
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