PLZ HELP ME!Trade encourages economic interdependence and cultural diffusion. But is trade always good for people and countries? In one or two paragraphs, consider the benefits and disadvantages of trade. Be sure to include at least one benefit and one disadvantage and explain your reasoning thoroughly.
Answers
Answer:
✨ ADVANTAGES:-
Free trade means that countries can import and export goods without any tariff barriers or other non-tariff barriers to trade. Essentially, free trade enables lower prices for consumers, increased exports, benefits from economies of scale and a greater choice of goods.
Trade is critical to America's prosperity - fueling economic growth, supporting good jobs at home, raising living standards and helping Americans provide for their families with affordable goods and services.
✨DISADVANTAGES:-
Shipping Customs and Duties. International shipping companies like FedEx, UPS and DHL make it easy to ship packages almost anywhere in the world. ...
Language Barriers. ...
Cultural Differences. ...
Servicing Customers. ...
Returning Products. ...
Intellectual Property Theft.
Explanation:
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Answer: The advantage of trade is People adopted new ways of living and new religions because of the interactions they made while trading.
The Disadvantage of trade is The bubonic plague was one of the deadliest diseases in world history. Millions of people died from the disease, which was spread largely through trade.