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4. Developing countries gain from trade liberalization
Developing countries do have much to gain from general trade liberalization. Trade expansion is positively linked to growth. Many industries will be affecting by the trade liberalization. Such as banking system and finical industry in developing countries. The internationalization of financial services is an important issue for the strengthening and liberalizing of financial systems in developing countries. The elimination of discriminatory treatment between foreign and domestic financial services providers and the removal of barriers to the cross-border provision of financial services opens the door to the entry of foreign suppliers. Developing countries financial systems can learn from other developed countries. First, internationalization of financial services can help countries build more robust and efficient financial systems by introducing international practices and standards; by improving the quality, efficiency and......
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Title: Msc
Approximate Word Count: 941
Approximate Pages: 4 (250 words per double-spaced page)
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