... economy. This shows how important government support is to a developing economy. In an economic market that is imperfect, with distortions based on national needs that are guided by practical political domestic realities, countries find themselves having to deal with these market imperfections. How does a country join a system of international trade, take advantage of its benefits while strengthening its domestic market for the sake of local employment. There are different trade strategies pursued successfully by different countries at different stages in their development. These strategies ranged from promoting free trade to those who have mature economies and are able to compete. But basically, each country sought strategies that are beneficial to itself, and not to an idealised and abstract trade system. Finally, an increase in economic performance can be achieved through two methods that require minimal investment. One method is through "good" laws set and enforce high ...

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