Topic Videos
Trade Creation
- Level:
- A-Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 21 Mar 2021
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.
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