How can trade benefit developing countries?
Trade can provide developing countries with access to larger markets, increase foreign investment, and boost economic growth.
What are some challenges these countries face in trade?
Challenges include limited infrastructure, trade barriers, and vulnerability to global market fluctuations.
Can you give examples of successful trade agreements?
Sure! The African Continental Free Trade Area (AfCFTA) is a significant example aimed at boosting intra-African trade.
How does trade impact poverty reduction?
Trade can create jobs and increase income levels, which are crucial for reducing poverty in developing nations.
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