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Trade Creation

Level:
A-Level, IB Diploma
Board:
AQA, Edexcel, Eduqas, IB, OCR, WJEC

Last updated 21 Mar 2021

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Trade creation takes place when domestic consumers in countries import more goods and services as import prices fall due to a removal of import tariffs and import quotas; production will shift to a lower cost producer.

Trade Creation
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