Question

Give 5 points on what are the basic functions of foreign trade

Answer 1

hey mate here is your answer

The basic functions of foreign trade : i) Foreign trade creates an opportunity for the produces to reach beyond the domestic markets. (ii) Producers can selltheir produce not only in markets located within the country but can also compete in markets located in other countries of the world.

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Answer 2

Heya....

Basic functions of foreign trade are ..

"" Giving employment opportunities across the world...

"" Increase foreign reserves by exports our domestic surplus...

"" Act our consumption by importing needs good...

"" Exchange of technologies....

"" Giving the integrating and formation of various economies to strength our country...

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