Answered

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3. How do world markets benefit from an increasing income and reduction of poverty in developing (poorer) countries?
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Sagot :

richeshagreen2801

Answer:

Open trade is particularly beneficial to the poor, because it reduces the cost of what they buy and raises the price of what they sell. As new research from the World Bank and the World Trade Organization makes clear, farmers and manufacturing workers earn more income when their products can reach overseas markets.

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