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The volume and direction of global trade has increased due to the small country effect which states that smaller geographic countries Jare more lakly to

The volume and direction of global trade has increased due to the small country effect which states that smaller geographic countries

Jare more lakly to rely on global trade more due to their lack of resources

have govemments that liberalize trade restricticas more often

Iatfer incentives to foretign exporters to trode with them

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