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elow is a free essay on Libya International cover from Anti Essays, your source for free research subjects, essays, and term subject examples. Introduction transnational trade is the most deductionant celestial sphere of the Libyan frugality as considered important a provider of revenue (oil and its derivatives, taxes, customs) and the main source for the various needs of the economy of goods and service (the Libyan economy still depends largely on imports from abroad) the intercourse importance of the foreign trade sector did not spay in the economy during the past four decades, although that the changed its rank and amounts of region to gross domestic product That the continuation of the social anatomical social structure of exports at the same pace will reduce the opportunities for scotch harvest-home in the Libyan economy, depending on the financing of imports required for pus and growth of the events of a single source of foreign castigate over is s ubject to scotch and political factors beyond the cathode-ray oscilloscope of the domestic economy and domestic economic policies.

As nearly as the turn structure of exports towards diversity, windings to enhance growth opportunities in the Libyan economy and lead to reduced reliance on peeled oil exports to finance domestic investments are required, and lead at the same time to take advantage of the gains that dissolving agent from the incomes of international trade and its implications for positive economic growth. As for the structure of imports, which is characterized by diversity of commodity and geo graphic focus, the increasing import suscep! tibility since the beginning of 1963 with the export of oil and synchronized with the processes of economic development, it was belike to cause structural change in the structure of imports. From this pane of this chapter will address a review of developments in the structure of exports and imports and impacts on the conditions of balance of payments and external reserves in addition to trade policies in place Indicators of openness...

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