Question

Q 3. Outline the importance/ advantages of

the following:


(B) Trade
​

Answer 1

Answer:

Advantages of 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.

Explanation:

I hope that it would be helpful.

Answer 2

• Increase in prosperity.

• Development of logistics sector.

• Creation of employment opportunities.

I hope this could be the answer of your question