what are the advantages and disadvantages of international trade?
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Advantages and Disadvantages of International Trade
Specialization of Resource Allocation. ...
Manufacturing Growth. ...
Economic Dependence of Underdeveloped Countries. ...
Competitive Pricing Leads to Stabilization. ...
Distribution and Telecommunications Innovation. ...
Extending Product Life Cycles. ...
Import of Harmful Products and Unfair Trade Practices.
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Advantages:cheap and good quality products. several of the top Indian companies have been able to benefit from the increased competition. production of new services like IT
Explanation:
disadvantages :
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