Trade and economic growth: Does the sophistication of traded goods matter?

Research shows that trade plays a crucial role in the growth and development of economies.
It lets countries specialise in industries that they are competent at, increasing efficiency and production. Individual incomes and economic growth increase.
However, not all trade is created equal. The type of products being traded also matters significantly

Image courtesy of interviewee

Read the Study

Leave a Reply

Your email address will not be published.

Copyright © Faculti Media Limited 2013 - 2024. All rights reserved.
error: