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What is Trade in Short about?

The document outlines the basics of trade, including definitions, history, and the need for international trade, emphasizing concepts like comparative advantage and the balance of payments. It discusses international trade law, customs, tariffs, and the differences between free trade and fair trade, as well as the impact of globalization. Additionally, it covers the establishment of key institutions like the IMF, IBRD, GATT, and WTO, along with their objectives and structures.

Author
Mohini Acharya
Language
EN

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