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updates: global development update

International trade

Changing approaches

In a globalised world international trade is a key factor in economic wealth of nations. What are the different approaches to such trade, and how do they impact on development?

updates global development update

Trade—the buying, selling and exchanging of goods and services—is a long-standing element of human societies. At the most basic level it allows us access to food and raw materials that are not available locally. With improved transportation in the twenty-first century, goods can be moved much more quickly, and even perishable items, such as fruit and cut flowers, can be traded across great distances.

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Previous

Wetlands in drylands

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Glaciation, climate change and tectonic hazards

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