International trade has many tradeoffs for each country

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International trade has many tradeoffs for each country. Overall, what has been the global trend in trade policies from 1950 to 2000?

A. From closedness to openness

B. From openness to closedness

C. The change is indeterminate, as low income countries are less able to produce reliable national accounts than high income countries.

D. More closed than ever before

E. no change in openness to foreign trade

Reference no: EM13736536

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