How does trade strengthen the economy of a country ?
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Answered by
3
Explanation:
Trade strengthen the economy of a country by increasing competition and bringing price reduction in the market. Explanation: ... Trade increases competition and lowers prices, which gives benefits to consumers by raising the purchasing power. Trade also increase employment.
Answered by
1
Answer:
when the exchange of goods takes place between a particular country it lowers prices which gives benefits to consumers by raising the purchasing power.It also increases employment
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