Question

Why is foreign trade neccessary?Whare the functions of foreign trade?What are the advantafes of foreign traasde?

Answer 1

It is necessary because it allow country to sell more of what they can produce in exchange for what they may lack or not have at all , to promote economic sufficiency .

Functions:

# create an opportunity for the producest to reach beyond the domestic markets.

# can complete in other world markets.

Advantages:

• maximum use of natural resources

• availability of goods

• specialization

• economics of large scale

• stability in price

• advance equipments

PLEASE MARK AS BRAINIEST ( badi mushkil se likha hai )