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Tag Archives: WTO

What don’t make sense in trade don’t make sense in aid

Common sense principles in international trade are surprisingly useful for aid as well. Here’s a list of overall principles that help explain some of the most discussed aid dos and don’ts on this and other blogs.

1) Don’t trade low value items with huge transport costs. No exporter or importer in their right mind would ship bulky low-value items large distances, which is why things like construction materials are often locally-sourced. Aid examples: Nobody

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