Business Studies, asked by arayaaniket, 11 months ago

why is external trade needed?​

Answers

Answered by Tulsidas123
1

Answer:

external trade enhances competition which comples the domestic ferms to improve technology of production, production process and the quality of the products. it ultimately benefit the consumers in getting better quality products at compitative prices. it also provides the large variety of product.so, it is needed

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