Question

Explain the meaning and importance of international trade​

Answer 1

International trade refers to that trade in which the goods are transferred from one country to another..

Answer 2

$\huge\bold\blue{International\: Trade}$

When the buying and selling of goods are occur within the boundaries of a country is called international trade

✔ɪᴍᴘᴏʀᴛᴀɴᴄᴇ ᴏғ ɪɴᴛᴇʀɴᴀᴛɪᴏɴᴀʟ ᴛʀᴀᴅᴇ :-

✒ For industrial development of our country international trade is required

✒The traders get the cheaper product from international market than other market.

✒Good quality products are supplied to the consumers by international trade.

✒Foreign goods and foreign investment is their in international trade .

✒Advanced technology helps us to make developed country and poverty decreases .