Lead to higher level of trade for an economy

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Reference no: EM131097212

Explain briefly whether each of the following would be more likely to lead to a higher level of trade for an economy, or a greater imbalance of trade for an economy:

Living in an especially large country

Having a domestic investment rate much higher than the domestic savings rate

Having many other large economies geographically nearby

Having an especially large budget deficit

Countries with a tradition of strong protectionist legislation shutting out imports

Reference no: EM131097212

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