How does foreign trade lead to the integration of markets across countries? Explain with an example
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Foreign trade leads to integration of markets across countries by the processes of imports and exports. Producers can make available their goods in markets beyond domestic ones via exports. Likewise buyers have more choice on account of imports from other countries.
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Foreign trade leads to integration of markets across countries by the processes of imports and exports. Producers can make available their goods in markets beyond domestic ones via exports. Likewise buyers have more choice on account of imports from other countries.
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