Social Sciences, asked by afreenbhuyain, 9 months ago

How does trade strengthen the economy of a country ?

Answers

Answered by poonianaresh78p3767p
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 yamunadesai50
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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