Math, asked by nabarajbaral327, 11 months ago

Why is trade diversification necessary to promote trade of the country?​

Answers

Answered by Anonymous
2

Answer:

Trade diversification is required for trade promotion of a country because it provides the country a financial gear up.This helps countries to hedge against adverse terms of trade shock by stabilizing export revenues.It also helps in economical development of the country by employment generation.

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