role of foreign trade is?
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Foreign trade contributes to expanding the market and encouraging production. Encourages Investment: Foreign trade creates an opportunity for the producers to reach out to customers beyond the domestic markets. It encourages them to produce more goods for export.
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. It generates an opening for the products one a nation to reach beyond its national markets. 2. It enables the producers to sell their goods not only in the markets available in the country but can also play in the markets of other nations.
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