Question

Advantages of foreign trade.​

Answer 1

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• Increased revenues. ...
• Decreased competition. ...
• Longer product lifespan. ...
• Easier cash-flow management. ...
• Better risk management. ...
• Benefiting from currency exchange. ...
• Access to export financing. ...
• Disposal of surplus goods.

Hope it helps ♥️

Answer 2

Answer:

we get Foreign currency like Dollar and Euro.

Build good relations with those countries.

good relationship sometimes changes into strategic and economic partnerships.

Those countries support us on International platforms like UN.

we make people to people relation with those countries.

tourism increases.