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This SS 3 Economics video lesson explores International Trade, its meaning, types, and importance.
Learn the difference between import and export, understand balance of trade vs balance of payments, and see how international trade benefits countries through specialization and comparative advantage.
This lesson is aligned with the WAEC and NECO Economics syllabus to help you prepare effectively for your exams. Watch, learn, and build a solid understanding of the global economy.
See also:
Human Capital Development (Video) | WAEC & NECO Lesson
Manufacturing And Construction Industries (Video)