Macroeconomics: Trade in Developed and Developing Countries

This paper analyzes trade in both third world or developing countries and the developed counties that is United Kingdom and Zimbabwe. The Paper tries to; compare and contrast the balance of trade and balance of payments for both countries, discusses the comparative advantages of each country, identified trade barriers and their effects on international trade, describe the similarities and dissimilarities in the economies of the two countries and how each benefit from trade.

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