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What are the advantages of trading with foreign nations? When should we not trade with foreign nations? If country A produces oranges and country B
What are the advantages of trading with foreign nations? When should we not trade with foreign nations?
If country A produces oranges and country B does not have the climate to produce oranges, however, country B can produce cars which country A does not have the technology to produce cars. Does it make sense for them to trade? Trade can be beneficial because it allows residents of a certain country to buy more products and not be limited to the products produced at home.
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