Description
The article discusses the relationship between trade, aid, and development, particularly in Third World nations. It highlights the increasing importance of trade in the economic, social, and political development of these countries. The concept and practice of trade are introduced, along with the role of aid and global interdependence in this context. The article also includes case studies from various regions to illustrate the changing patterns of trade in the world.
There are complex interrelationships between trade, aid and development, and with the move to a greater integration of economies throughout the world, trade has become a vital factor in the economic, social and political development of Third World nations. Trade, Aid and Global Interdependence presents a concise analysis of this vast topic. Trade is introduced as a concept and as an activity; aid and global interdependence are then described in the context of trade in practice. This discussion of the world's shifting patterns of trade is illustrated with case studies from Asia, Africa and Central and Latin America.
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