Question

Importance of international trade in economic development

Answer 1

Explanation:

International trade plays an important role in the economy of each individual country. ... According to him, foreign trade leads to an increase in the owners' incomes, relative to excess factors of production and export of the product, and stimulates economic growth.

Answer 2

Answer:-

Trade can be a key factor in economic development. the prudent use of trade can boost a country development and create absolute gains for the trading partners involved trade has been touted as an important tool in the path to development by prominent economics .

hope it's help you..