Question

how does foreign trade lead to integration of markets across countries give any three points

Answer 1

1. By the process of exports and imports

2. Producers can make available their goods in markests beyond domestic ones via group

3. Buyers more choice on accounts of imports from other countries.

Answer 2

Answer:

=> Foreign trade is the main channel which connects the markets of various countries. Foreign trade lead to integration of markets across the countries as follows:

1】Creates opportunities for the producers to reach beyond the domestic markets or the markets of their own countries.

2】Import of goods from various countries provides choice of goods for consumers beyond the goods thet ere produced domesticeMy.

3】Producers of different countries compete with each other although they are thousands of miles away.

Explanation: