Question

state any advantages of international trade ​

Answer 1

Answer:

international trade is very useful because when in a country there is shortage of any goods or things we can borrow it from other countries through trade

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Answer 2

$\huge\boxed{ \fcolorbox{red}{yellow}{</u></strong><strong><u>Advantages</u></strong><strong><u>:</u></strong><strong><u>-</u></strong><strong><u>}}$

1. Longer product lifespan.
2. Decreased Competition.
3. Increased Revenues.
4. Easier cash flow management.
5. Better risk management.
6. Benefiting from currency change.
7. Access to export financing.
8. Disposal of surplus goods.
9. Enhanced Reputation.
10. Opportunity to specialize .

$\huge\boxed{ \fcolorbox{red}{yellow}{</u></strong><strong><u>Disadvantages </u></strong><strong><u>:</u></strong><strong><u>-</u></strong><strong><u>}}$

1. Shipping customs and duties.
2. Language barriers.
3. Cultural Differences.
4. Servicing customers.
5. Returning Products.
6. Intellectual Property Theft.

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