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The document provides an overview of international trade, covering key concepts such as imports, exports, benefits and disadvantages, trade theories, and policy tools. It highlights the economic gains from trade, including increased GDP and employment, while also addressing issues like unequal gains and environmental impacts. Additionally, it discusses various trade theories, including mercantilism, absolute and comparative advantage, and the Heckscher-Ohlin model, along with trade policy instruments used b

Author

Shiksha Maithani

Language

EN