Who encourages trade between countries?

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2026-08-14 13:10

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Trade between countries is often encouraged by governments through policies such as reducing tariffs and trade barriers, signing free trade agreements, and participating in international trade organizations like the World Trade Organization (WTO). Additionally, businesses and multinational corporations promote trade by seeking new markets for their products and services. Economic organizations and regional blocs, such as the European Union or ASEAN, also play a role in facilitating and encouraging cross-border trade.

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