discuss the advantages of foreign trade
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It lets a country, it import items which are not produced due to higher costs or other issues. Likewise, selling goods to foreign countries allows a nation to get rid of its excess production. Foreign trade results in specialization and promotes manufacturing of different products in different nations.
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1
Answer:
It lets a country, it import items which are not produced due to higher costs or other issues. Likewise, selling goods to foreign countries allows a nation to get rid of its excess production. Foreign trade results in specialization and promotes manufacturing of different products in different nations.
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