Economy, asked by mukulrajoria, 2 months ago

Among the following which is not an advantage of international trade?
a) Availability of cheap raw materials
b) Export of surplus production
c) Import of defense material
d) Dependence on foreign countries​

Answers

Answered by homework6567
5

Answer:

d) Dependence on foreign countries

Explanation:

hope it helps you.

Answered by jaya8765
0

Answer:

The correct answer is option (d) Dependence on foreign countries.

Explanation:

  • International trade permits countries to develop their markets and permit goods and services that otherwise may not have existed available domestically.
  • With the development of international trade, the market is better competitive. This eventually results in better competitive pricing and gets a cheaper product home to the buyer.
  • This also allows a country to create optimum usage of its resource by shipping raw materials.
  • The countries when trade internationally evolves are ultimately dependent on each other for the supply of production.

Therefore, the dependence on foreign countries ​is not an advantage of international trade.

Similar questions