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Flashcards in Developed Countries Access Deck (4)
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1

What do they include?

Higher tariffs on goods imported from LIC’s so makes it harder for LIC’s to access these markets

2

Developed countries investing means?

avoid high tariffs imposed by developing countries

3

What do LIC’s rely on?

Loans that depend on them removing trade barriers and increasing access to markets

4

What is access increased by?

Being part of a trade bloc