Introduction: The emphasis on trade liberalization, which aims to eliminate tariffs and quotas between trading partners, is becoming increasingly significant. This analysis examines Africa's role in international trade and considers whether the continent is benefiting from the globalization of trade today and how the continent can increase its total share of trade. The classical theory of international trade states that different countries benefit from international trade because it increases the market for different products. If a country produces more than it needs of a specific good, it can export the surplus and earn more money than it would if only the domestic market were available. A country can export both raw materials and already manufactured products. He also claims that international trade will improve the division of labor, and therefore increase productivity in each country. Critics of this theory have argued that this trade is detrimental to the economic development of developing countries, as they generally export raw materials and import finished products. , the price of raw materials is lower than that of finished products and causes an uneven distribution of international trade. Classical theory also stated that specialization towards international trade involves a fundamental change in how a country uses its resources, giving them a number of advantages, especially in developing new technologies to increase production and not easily reversible. Because free international trade can be positive for countries' economies. International trade is the exchange of capital, goods and services across international borders and the context of prosperity. It is based on traders maintaining their agreements, countries and companies...... middle of paper ......nance & Development, 38(4).Myint, H. (1958) “The « Classical Theory" of International Trade and Underdeveloped Countries", The Economic Journal, 68(270): 317–337. Whitin, TM (1953) "Classical Theory, Graham Theory, and Linear Programming in International Trade", The Quarterly Journal of Economics , 67(4 ): 520–544. Wendt, A. (1999) Social Theory of International Politics, Cambridge: Cambridge University Press. Helen Milner (1992). World Politics, 44, pp 466-496. doi:10.2307/2010546.???? http://smallbusiness.chron.com/trade-agreement-benefits-3832.html?????? .chron.com/negative-effects-trade-5221.html???? http://www.youtube.com/watch?v=tpvFlaZ0oeoEconomy: http://www.economist.com/sites/default/files/ special-reports-pdfs/12373548.pdf
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