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 Form 4 Business studies lessons and notes on international trade

Trends in international trade

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Answer Text:
Trends in international trade:
-Liberalization that has led to removal of many trade restriction among the countries, increasing the levels of trade
-Development of E-Banking which has enable the international trader to get access to their bank accounts from wherever they are in
-Development of export processing zones (EPZ) by the government to allow the industries involved just concentrate in the exported goods only.
-Development of e-commerce/website trading which has promoted the selling and buying of items through the internet, with payments made online.


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