What are the essential factors for economic growth and increased development of global trade flows? Why are they so important in today's global economy?
Essential factors for economic growth and increased development of global trade flows include population growth and age distribution, urbanization, land and resources, economic integration, knowledge dissemination, labor mobility, financial flows and investment in infrastructure by public and/or private sources, faster communication systems, improved financial services for the effective flow of goods and services. These factors are the driving forces for globalization around the world and need to be discussed in order to understand the future course of global trade and development.
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a. True b. False Indicate whether the statement is true or false
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Indicate whether the statement is true or false
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