Question

give explanation of there is need of trade​

Answer 1

Countries trade with each other when, on their own, they do not have the resources, or capacity to satisfy their own needs and wants. ... Today, international trade is at the heart of the global economy and is responsible for much of the development and prosperity of the modern industrialised world.

Answer 2

Heya here is your answer....mate...✌️

The process of economic specialization and trade, in which individuals focus on doing the things they do best and then exchange the products of their labor with others who are likewise concentrating on their own areas of excellence, leads to much higher levels of production of goods and services as well as the most efficient use of labor and resources. It is this process that creates and sustains the markets of the “free market” system. The development of this system upended feudalism and brought about the dramatic and revolutionary improvements in living standards that characterize the modern age.

Hope this help youu mate.....❤️❤️