Economy, asked by faiez8135, 1 year ago

Benefits of decrease in regulations in international trade

Answers

Answered by brainlystargirl
3
Heya......

Decrease in regulations in International trade means.....

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Removal of all the trade barriers such as import and export duties , charges etc.....

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Benefits of reduction in International trade......

** It increase the employment and trade opportunities to a domestic country....

** It increase the easy exchange of technologies regarding production...

** It increases the consumer sorveginity...

** It promotes set up MNC that regard rise in foreign exchange reserves....

----------- Be Brainly....
Answered by BrainlyGovind
0

If part of a selective and proactive industrial policy, regulating international trade can help developing countries support exporting firms and workers. Reducing adjustment costs can increase the welfare gains from trade in both developed and developing countries

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