Developed Countries Access Flashcards

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1
Q

What do they include?

A

Higher tariffs on goods imported from LIC’s so makes it harder for LIC’s to access these markets

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2
Q

Developed countries investing means?

A

avoid high tariffs imposed by developing countries

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3
Q

What do LIC’s rely on?

A

Loans that depend on them removing trade barriers and increasing access to markets

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4
Q

What is access increased by?

A

Being part of a trade bloc

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