Trade and Development

Trade And Development

Trade is a key factor in economic development. A successful use of trade can boost a country's development. On the other hand, opening up markets to international trade may leave local producers swamped by more competitive foreign producers.

Read more about Trade And Development:  Overview, Agriculture, Market Access Is Vital, But Not Enough, World Trade Organization Negotiations

Famous quotes containing the words trade and, trade and/or development:

    I look on trade and every mechanical craft as education also. But let me discriminate what is precious herein. There is in each of these works an act of invention, an intellectual step, or short series of steps taken; that act or step is the spiritual act; all the rest is mere repetition of the same a thousand times.
    Ralph Waldo Emerson (1803–1882)

    My own experience has been that the tools I need for my trade are paper, tobacco, food, and a little whisky.
    William Faulkner (1897–1962)

    As long as fathers rule but do not nurture, as long as mothers nurture but do not rule, the conditions favoring the development of father-daughter incest will prevail.
    Judith Lewis Herman (b. 1942)