Question

No country can survive without international trade in the present global world.Explain the statement.

Answer 1

Answer:

No country in the world is self-sufficient in all its needs. Goods produced by onecountry are required by the other country and vice-versa. Hence, differences in resources, needs and development among nations creates conditions forinternational trade between them

Answer 2

Answer:

Yes, no country can survive without International trade in the present global world because if the people do not sell their product in the international market, they could not earn the money for there livelihood and they can not fulfil their basic needs and there family.