Global Trade: Free Trade and Protectionsim

Here is a clip on Free Trade and Protectionism. Although quite long it is very good as an introduction to the Trade topic – Unit 4 of the Cambridge International AS course.

Societies have traded for thousands of years. However, the last 35 years have seen an explosion in world trade. How has this global integration affected the world’s economy and individual markets and how are the overall gains of world trade distributed?

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