{"id":239,"date":"2017-06-12T13:38:34","date_gmt":"2017-06-12T06:38:34","guid":{"rendered":"http:\/\/bbs.binus.ac.id\/ibm\/?p=239"},"modified":"2017-06-12T13:38:34","modified_gmt":"2017-06-12T06:38:34","slug":"benefits-of-trade-for-developing-countries","status":"publish","type":"post","link":"https:\/\/bbs.binus.ac.id\/ibm\/2017\/06\/benefits-of-trade-for-developing-countries\/","title":{"rendered":"Benefits of trade for developing countries"},"content":{"rendered":"<table id=\"layoutsTable\">\n<tbody>\n<tr>\n<td>\n<div class=\"ms-rte-layoutszone-outer\">\n<div class=\"ms-rte-layoutszone-inner\">\n<p><strong class=\"ms-rteFontSize-4\">Benefits of trade for developing countries<\/strong><\/p>\n<div><\/div>\n<div>1.\u00a0Trade can help boost development and reduce poverty by generating growth through increased commercial opportunities and investment, as well as broadening the productive base through private sector development.<\/div>\n<div><\/div>\n<div>2.\u00a0Trade enhances competitiveness by helping developing countries reduce the cost of inputs, acquire finance through investments, increase the value added of their products and move up the global value chain.<\/div>\n<div><\/div>\n<div>3.\u00a0Trade facilitates export diversification by allowing developing countries to access new markets and new materials which open up new production possibilities.<\/div>\n<div><\/div>\n<div>4.\u00a0Trade encourages innovation by facilitating exchange of know-how, technology and investment in research and development, including through foreign direct investment.<\/div>\n<div><\/div>\n<div>5.\u00a0Trade openness expands business opportunities for local companies by opening up new markets, removing unnecessary barriers and making it easier for them to export.<\/div>\n<div><\/div>\n<div>6.\u00a0Trade expands choice and lowers prices for consumers by broadening supply sources of goods and services and strengthening competition.<\/div>\n<div><\/div>\n<div>7.\u00a0Trade plays a role in the improvement of quality, labour and environmental standards through increased competition and the exchange of best practices between trade partners, building capacity in industry and product standards.<\/div>\n<div><\/div>\n<div>8.\u00a0Trade contributes to cutting government spending by expanding supply sources of goods and services and strengthening competition for government procurement.<\/div>\n<div><\/div>\n<div>9.\u00a0Trade strengthens ties between nations by bringing people together in peaceful and mutually beneficial exchanges and as such contributes to peace and stability.<\/div>\n<div><\/div>\n<div>10.\u00a0Trade creates employment opportunities by boosting economic sectors that create stable jobs and usually higher incomes, thus improving livelihoods.<\/div>\n<div><\/div>\n<div>sources:\u00a0e c . e u r o p a . e u \/ t r a d e<\/div>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Benefits of trade for developing countries 1.\u00a0Trade can help boost development and reduce poverty by generating growth through increased commercial opportunities and investment, as well as broadening the productive base through private sector development. 2.\u00a0Trade enhances competitiveness by helping developing countries reduce the cost of inputs, acquire finance through investments, increase the value added of [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[8],"class_list":["post-239","post","type-post","status-publish","format-standard","hentry","category-article","tag-ibmbinus-univbinus-binusuniv-bbsbinus"],"_links":{"self":[{"href":"https:\/\/bbs.binus.ac.id\/ibm\/wp-json\/wp\/v2\/posts\/239","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bbs.binus.ac.id\/ibm\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bbs.binus.ac.id\/ibm\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bbs.binus.ac.id\/ibm\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/bbs.binus.ac.id\/ibm\/wp-json\/wp\/v2\/comments?post=239"}],"version-history":[{"count":1,"href":"https:\/\/bbs.binus.ac.id\/ibm\/wp-json\/wp\/v2\/posts\/239\/revisions"}],"predecessor-version":[{"id":240,"href":"https:\/\/bbs.binus.ac.id\/ibm\/wp-json\/wp\/v2\/posts\/239\/revisions\/240"}],"wp:attachment":[{"href":"https:\/\/bbs.binus.ac.id\/ibm\/wp-json\/wp\/v2\/media?parent=239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bbs.binus.ac.id\/ibm\/wp-json\/wp\/v2\/categories?post=239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bbs.binus.ac.id\/ibm\/wp-json\/wp\/v2\/tags?post=239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}