Availability is one of the fundamental factors affecting imports. We import goods from abroad because they are unavailable in the domestic market. For example, the domestic economy does not produce them because the geographical location does not
Trade Policy
Trade Bloc: Boosting Economies or Building Walls? Types, Pros, Cons
What's it? A trade bloc is a group of countries joined together through a trade agreement to achieve economic integration. This means they work together to reduce barriers between their economies, fostering a more interconnected system. This can