unfair trade

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Last updated 7:14 PM on 6/15/26
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5 Terms

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What’s unfair

That farmers in developing countries do not earn much money

2
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Price dumping

Means that farm products are cheap because farmers in developed countries get subsidies

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Terms of trade

It’s the difference between the average prices for export and import articles

4
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Debts?

Because of the debts developing countries cannot build enough schools

5
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Cause of unfair trade

  • farmers of rich countries get subsidies from their government

  • The ledcs do not have many companies which produce finished goods