Trade and debt

• • Europe dominates world trade. Europe has 37% of world trade exports and 38% of world trade imports.
• • ACs earn more from trade than LiDCs because the ACs resell it , and add more worth to it, making a profit.
• • Debt is a problem . As countries are in debt , they make money to earn and repay the debt, meaning they arent spending any money on the country itself. (not education, healthcare, etc.)
• Debt relief is the total or partial cancellation of debts owed by LiDCs.