Question

Why is international trade important for a country 0?

Answer 1

Exports and imports are important for the development and growth of national economies because not all countries have the resources and skills required to produce certain goods and services. Nevertheless, countries impose trade barriers, such as tariffs and import quotas, in order to protect their domestic industries

Answer 2

It is so because if international trade won't be there then the income of the country would go down.

Hence, poverty would affect the country.

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