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Volume of a nation exports and imports

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Reference no: EM131299185

Please be sure both are half a page at minimum. Thank you.

Q1: What determines the volume of a nation's exports and imports? Explain in detail.

Q2: If a rich country and a poor country trade with each other, without any restrictions, and the rich country gains $50 million, while the poor country only gains $5 million, is the rich country exploiting the poor country. Answer this question with an illustration.

Reference no: EM131299185

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