what is foreign trade and investment how does it helps the producer and consumer?
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foreign. trade is the trade which we do with other countries it gives profit to producers and fulfill needs of consumer
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Foreign Trade :- Foreign trade is the trade between different countries of the world. It consists of imports, exports. It helps in connecting the markets of different countries across the world. Foreign Investment :- Foreign Investment provides an inflow of foreign capital and funds and not goods.
Producers create, or produce, goods and provide services, and consumers buy those goods and services with money. Most people are both producers and consumers. Producers create or provide a certain good (product) or service. Most consumers get their money by working for companies.
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