Question

describe any three advantage of external trade

Answer 1

Answer:

the Advantages of International Trade

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.

Explanation:

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Answer 2

Answer:

Hii mate here's your answer:

Explanation:

External trade :

The trade that is done outside the country and not within the country which is also called the international trade.

Advantages :

• increased revenue
• longer product life span

• decreased competition
• benefits of currency exchange
• low risks of marketing

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