Question

what is the importance of international trade !!!!!!!!!

Answer 1

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.

International trade has occurred since the earliest civilisations began trading, but in recent years international trade has become increasingly important with a larger share of GDP devoted to exports and imports.

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Answer 2

International trade allow countries to exchange good and services with the use of money as a medium of exchange.The benefits of international trade have been the major driver of grouth for the last half of the 20th century. So ,it has a very important role for countries and their economy and industry.
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