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* Trade is an exchange of goods and services between countries or people.
* countries trade what they have in their borders, in exchange for what they need in another country.
* it is better to export than import because it earns more money than it spends.
* poorer countries make more raw materials than manufactured goods
* manufactured goods=worth more than raw materials
GLOBALISATION:
spread of products, technology, information, and jobs across national borders and cultures. company that operates in its home country, as well as in other countries around the world. Globalisation is increasing faster than before.
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