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Flashcards in Developed Countries Access Deck (4)
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What do they include?

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


Developed countries investing means?

avoid high tariffs imposed by developing countries


What do LIC’s rely on?

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


What is access increased by?

Being part of a trade bloc