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U.S. History Topics » Business & Work » Business

Benefits of Trade: Costs of Protectionism

examines how removing trade barriers through the World Trade Organization and other negotiations could help developing countries and lift millions of people around the world out of poverty. (Department of State)

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Interesting Fact:

The World Bank has reported that per capita real income grew nearly three times faster for the developing countries that lowered trade barriers (5 percent per year) than for other developing countries (1.4 percent per year) in the 1990s.
Container Ship

Container Ship


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