Question

how does expansion of World
Trade takes place​

Answer 1

Answer:

It helps new industries such as electronics and clothing to flourish, but most importantly it connects countries, people and markets, it boosts economies and increases employment. Without international trade, only a few nations could maintain an adequate standard of living.

Answer 2

Answer:

1) It allows countries to expand their markets for both goods and services..

2) so .they Faces tough competition or result of international trade, the market contains greater competition,

3) due to this more competitive prices, which brings a cheaper product home to the consumer.