Countries typically benefit from good, service, and money exchange {international trade} {trade, economics}|. Even if one country is always better than the other {comparative advantage, trade}, both can benefit, because each country can make what it does best. No trading has less market efficiency and higher cost. Immigration laws and visa requirements can restrict labor movements. Tariffs can restrict goods and services. Goods can have quotas. Foreign-investment restrictions can constrain money flow.
Social Sciences>Economics>Macroeconomics>International Trade
6-Economics-Macroeconomics-International Trade
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Date Modified: 2022.0224