Question
According to World bank (2018) Trade is central to ending global poverty. Countries that are open to international trade tend to grow faster, innovate,
According to World bank (2018) "Trade is central to ending global poverty. Countries that are open to international trade tend to grow faster, innovate, improve productivity and provide higher income and more opportunities to their people. Open trade also benefits lower-income households by offering consumers more affordable goods and services. Integrating with the world economy through trade and global value chains helps drive economic growth and reduce povertylocally and globally."
Question 1
a)In light of the above, you are required to review trends of international trade and economic growth in South Africa and be clear on the direction of the relationship (if it exists).
b)Based on the findings from a) above, recommend relevant policies to policy makers.
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