Some countries are ‘better’ at producing certain types of product than others. They can produce the goods or services more cheaply, quickly or efficiently. They have workers with particular skills or they have the land, climate and resources that other countries lack. As a simple example, the UK does not have a climate suitable for growing bananas, and therefore needs to import these from a country which has the right conditions for growing them.
It seems to make sense, then, for countries to ...
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