Question

d. How does a flourishing business affect trade?

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Answer 1

Explanation:

Answer ❤️

• Flourishing services trade could boost world growth ... it easier to export such services as business- process outsourcing, medical diagnostics or education.

Answer 2

Foreign affairs encompass the different ways in which a country seeks to promote and protect its own interests internationally. It’s often directly focused on facilitating trade across international borders, including cutting import and export tariffs and promoting investment in international trade. In the case of disputes with countries, these agreements may be suspended, or in extreme cases embargoes may be imposed, which restrict trade altogether.

Foreign affairs can also target other areas of international cooperation, such as climate change, human rights and armed conflicts. However, these will almost always have consequences for international trade too, because trade agreements are so often used as a bargaining tool when securing international agreements on these issues.


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