文档介绍：Economics2:TheWorldEconomyReworkContentIntroduction----------------------------------------------------------------3Section1:InternationalTradeThreegainsfromtradinginternationally---------------------------------------3FreeTrade--------------------------------------------------------------------------parativeAdvantage-----------------------------------------3Protectionism----------------------------------------------------------------------4Barrierstotrade-------------------------------------------------------------------4WTOandEU----------------------------------------------------------------------5Section2:InternationalFinanceBalanceofPaymentsandGeneraltrendsinUKTrade----------------------6Relationshipbetweentheexchangerateandthebalanceofpayments—14SingleCurrency------------------------------------------------------------------15EffectsonindividualsandbusinessoftheEuro-----------------------------15Section3:LessDevelopedCountries(LDCs)CharacteristicsofaLDC--------------------------------------------------------16CurrentissuesthatfaceLDCs--------------------------------------------------16TheimpactsofmultinationalsonLDCsandNICs--------------------------16Conclusion-----------------------------------------------------------------16References------------------------------------------------------------------17Introduction:AsamemberofthegovernmentofnationontheperipheryofEurope,,:InternationalTradeThreegainsfromtradinginternationally:Tobeginwith,theinternationaltradecouldincreaseworldout-,resources,’,petitions,,themostimportantgainingofinternationaltradeisitcangener