Читать книгу The Atlas of Global Inequalities - Ben Crow - Страница 28

R International trade is a powerful factor in determining the extent to which poor countries are able to share equally in global prosperity. The benefits of trade are, however, unevenly distributed, partly because industrialized countries maintain trade barriers in the form of high tariffs against goods from poor countries while maintaining mutually favorable terms with other rich countries. The percentage of total exports represented by manufactured goods is one indicator of prosperity. By this measure, countries in Sub-Saharan Africa and Latin America are falling behind. Although most industrial countries, including the USA, followed policies to protect their infant industries as they were industrializing, that route is now discouraged by international financial organizations, including the IMF and WTO, which promote free trade.

International Trade

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