Developed Countries Access Flashcards
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
2
Q
Developed countries investing means?
A
avoid high tariffs imposed by developing countries
3
Q
What do LIC’s rely on?
A
Loans that depend on them removing trade barriers and increasing access to markets
4
Q
What is access increased by?
A
Being part of a trade bloc