Social Sciences, asked by krithvishivanigobu, 7 months ago

what is a trade write the importance of international trade?

Answers

Answered by ishitajadhav97
1

Answer:

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Explanation:

International trade between different countries is an important factor in raising living standards, providing employment and enabling consumers to enjoy a greater variety of goods.

Answered by Anonymous
14

★Trade:-

The exchange of goods among people, states and countries is referred to as \sf\pink{trade</p><p>}

◕Importance of international trade:-

  • International trade of a country is an a index its \sf\blue{economic \:prosperity</li><li>}
  • It is considered the economic barometer for a country.
  • As the resources as Space Bound, No \sf\purple{country</li><li>} can survive without international trade
  • Countries have trade \sf\green{relations</li><li>} with the major trading blocks.
  • \sf\red{Exchange </li><li>}of commodities and goods have been superseded by the exchange of Information and knowledge.
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