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The document outlines the fundamentals of trade in services, detailing the characteristics of services such as intangibility, inseparability, variability, and perishability. It discusses the significance of services trade in the global economy, highlighting its rapid expansion and impact on GDP, competitiveness, and economic welfare. Additionally, it emphasizes the importance of institutions in services trade and the potential benefits for employment and economic equality.

Author

quynhnhupham4678

Language

EN