Geography, asked by parasadpankaj351, 1 month ago

international trade can be beneficial and can also prove to be detrimentalto Nation

Answers

Answered by marvaminuva

0

It provides the power of choice to the customer and increases market competition leading to better quality and lesser prices for the consumers. 4. It helps countries grow by focusing on producing goods and services for which they have resources (land, labor, capital or technology) locally available.

Answered by ItzEnchantingPoison

0

What Are the Advantages of International Trade?

Increased revenues. ...

Decreased competition. ...
Longer product lifespan. ...
Easier cash-flow management. ...
Better risk management. ...
Benefiting from currency exchange. ...
Access to export financing. ...
Disposal of surplus goods.

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