Business Studies, asked by danesayco, 7 months ago

Who benefits from international trade and business rules and why?

Answers

Answered by Radhika842
2

Explanation:

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Answered by dreamrob
4

Benefits from international trade and business rules:

  • Trade promotes economic growth, efficiency, technological progress, and, most importantly, consumer welfare. Trade benefits middle- and lower-income households the most by lowering prices and expanding the product variety available to them.
  • It is critical to remember these fundamental facts during discussions about specific trade agreements.

Hence, the answer to the given question is as mentioned above.

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