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The Economic Analysis

Fundamental structural weaknesses in trade

Fundamental structural weaknesses in trade

The persistent trade deficits experienced since 1950 is due to structural weaknesses in the country’s trade composition. These structural weaknesses resulted in massive trade deficits of more than US$ 9 billion in the last two years. Containing the trade deficit to more manageable proportions of about US$ 6 to 7 billion is difficult owing to [...]

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