Joseph Pulitzer was the publisher of the New York newspaper
One example of something they produce is crude oil. They produce more then they consume so they sell it 97% to the US and the other 3% to Europe and Asia this is why they sell and who they sell it to. . They also import Crude oil. They produce it by having their own refineries but it’s less bc they can’t produce heavy crude oil.
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authoritarian / autocratic
This is false; economies can be failing, thus granting poor living standards.
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By signing a free trade agreement, a country may benefit by opening itself to more global trade. Countries may increase production when they have incentives to export their products. Agreements might help countries bring more varied and diverse products to their citizens. Finally, free trade agreements might help countries obtain cheaper imports, lowering prices on goods. On the other side, countries may experience job and industry losses as companies move to other countries. Countries may also grow more dependent on trading partners rather than producing goods for themselves.
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