Homework Answers
Answer
1. Resolves resolves trade disputes between Nations.
The the World Trade organisation was established to create free trade among member Nations. This was deemed necessary after the world war as economics was offering due to restrictions in trade.
2. Importing that item and exporting whatever it produces at a comparative advantage
Country country will goods in which it has a greater of producing an export that item in which it has a lesser opportunity cost than the rest of the world. This creates a comparative advantage which is necessary for trade
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