International Economics
In well-established economies, the balance of trade and balance of payments gained from conducting import and export activities is crucial if a country is to maintain a healthy economic environment for business to thrive. These results to cash inflow from external trade groupings, a concept that most growing economies rely on in order to maintain a favorable environment. However, economies may also be hindered by different factors of trade, including external trade environments, currency fluctuations and trade laws of a given country.
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