Question

write a short note on Advantage of trade.​

Answer 1

Answer:

International trade not only results in increased efficiency but also allows countries to participate in a global economy, encouraging the opportunity of foreign direct investment (FDI), which is the amount of money that individuals invest into foreign companies and other assets.

Explanation:

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Answer 2

Answer:

Advantages of Trade:

• International trade helps each country to make optimum use of its natural resources.
• Foreign trade leads to specialisation and encourages production of different goods in different countries
• International trade irons out wild fluctuations in prices.

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