Question
Using bullet points, provide a detailed outline of the history of global trade.Explain the challenges to globalization presented in the video.After carefully considering the following
Using bullet points, provide a detailed outline of the history of global trade.Explain the challenges to globalization presented in the video.After carefully considering the following three economic principles 1) the four international linkages, 2) specialization and trade based on comparative advantage, 3) the potential long-run benefits of trade including a reduction in the burden of scarcity, higher living standards and greater economic output; moving forward, will citizens of the globe, politicians and economists be proponents or detractors of international trade?
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