Question

Since trade allows a nation to use its resources more efficiently, does trade also lead to...

Since trade allows a nation to use its resources more efficiently, does trade also lead to greater equity?

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Answer #1

it can be mentioned that trade allows the nation to use its resources more efficiently as a result of which what happens is that it can increase the productivity levels bye spending the extra amount of revenue generated through trade in research and development so that thepictures for safety and productivity can be increased and this can result in increase in the equity on the whole and that is the reason why not only efficiency but also equity can increase when trade happens.

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