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Discuss the Benefits of Global Trade and Its Impact on Economic

question 132

Essay

Discuss the benefits of global trade and its impact on economic development.


Definitions:

Non-State Sphere

Areas of social life and activity that are not controlled by governmental institutions, including the family, private sector, and community organizations.

Coercive Power

A form of power that is exerted through the use of threats, punishment, or force to influence others to comply with demands or orders.

Legitimate Power

A type of power that is recognized and accepted by the society or organization in which it operates, often derived from a formal position or role.

Tacit Power

Unspoken, yet understood authority or influence that individuals or groups may hold, often derived from social positions or relationships.

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