Question

Why is international trade consider the economic Baron meter for a country

Answer 1

Large international trade leads to revival of domestic economy . It is considered as economic barometer for a country because resources are limited with every country and every country needs to do imports and exports to have all the resources and services.

Answer 2

1)It is very important for the development of the country .Advancement of international trade of a country is an index to its economic prosperity ....
2) It enables a country to earn foreign exchange which is needed to import essential goods .It is therefore considered as the barometer for a country.
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