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In the early days of international trade, there was an imbalance of trade because The raw materials that countries imported were much more valuable
In the early days of international trade, there was an imbalance of trade because The raw materials that countries imported were much more valuable than the goods that were produced using those raw materials The raw materials that countries imported were much less valuable than the goods that were produced using those raw materials Asian countries exported more than Western countries Exported goods weighed less than imported goods
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