Question

why trade is necessary?
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Answer 1

Answer:

Hey mate.

Here is your answer.

Trade increases competition and lowers world prices, which provides benefits to consumers by raising the purchasing power of their own income, and leads a rise in consumer surplus. Trade also breaks down domestic monopolies, which face competition from more efficient foreign firms.

Hope it helps you.

If it does then please mark as brainliest.

Answer 2

$\huge{\underline{\mathscr{\purple{Hey, mate....!!!}}}}$

$\huge{\red{\mathfrak{ANSWER:-}}}$

Trade is important because all countries have limited resources to respond to their people's needs. So countries trade with one another to complete each other's needs.