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  • What Kinds of Products Do Nations Trade Now, and How Does This Composition Compare To Trade in The Past?

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    Kevin Tin
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    Nations now trade a wide variety of manufactured goods and commodities globally, whereas trade was previously focused more on raw materials and agricultural products. Modern trade involves electronics, machinery, vehicles, pharmaceuticals, and refined fuels rather than just crops, minerals, and basic processed goods. The composition of international trade has shifted dramatically over the past century from primarily natural resources to largely finished manufactured products.

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    Economics Law

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    Nations now trade a wide variety of manufactured goods and commodities globally, whereas trade was previously focused more on raw materials and agricultural products. Modern trade involves electronics, machinery, vehicles, pharmaceuticals, and refined fuels rather than just crops, minerals, and basic processed goods. The composition of international trade has shifted dramatically over the past century from primarily natural resources to largely finished manufactured products.

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    13 views1 page

    What Kinds of Products Do Nations Trade Now, and How Does This Composition Compare To Trade in The Past?

    Uploaded by

    Kevin Tin
    Nations now trade a wide variety of manufactured goods and commodities globally, whereas trade was previously focused more on raw materials and agricultural products. Modern trade involves electronics, machinery, vehicles, pharmaceuticals, and refined fuels rather than just crops, minerals, and basic processed goods. The composition of international trade has shifted dramatically over the past century from primarily natural resources to largely finished manufactured products.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
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    What kinds of products do nations trade now, and how does this composition compare to trade in the past?

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