Social Sciences, asked by shadhussain1582, 10 months ago

how does trade strengthens the economy of the country​

Answers

Answered by vidushi3114
6

Answer:

Explanation:

Trade increases competition and lowers world prices, which provide benefits to consumers by raising the purchasing power of their own income,and leads a rise in consumer surplus. Trade also break down domestic monopolies, which face competition from more efficient foreign firms...

HOPE IT CAN HELP YOU!!!

Similar questions