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Business Environment, 2nd Edition by Shaikh Saleem

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CHAPTER 10

Foreign Trade Policy and Balance of Payments

CHAPTER OUTLINE

FOREIGN TRADE POLICY AND BALANCE OF PAYMENTS

Advanced countries like Germany, the United States, Japan, and others have used their trade policy to (a) restrict their imports and provide a sheltered market for their own industries so that they could develop rapidly and (b) promote their exports so that their expanding industries could secure ...

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