Question

write an aritcle on global trade and its benefits in 150-200 words​

Answer 1

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HEY MATE:

Global trade is an international trade is simply used to export and import of goods across the international boundaries.

In India, this global trade is splitted into two kinds. The goods and services that leave a country for sale is called exportation. The gooda and services which rnter into the country is called importation.

The benefit in the global trade is, if a country produces something than the othe then the least produced country can get the goods from the highest producer.

From these importation and exporatation, one country can get help from the other country.

MAIN BENEFITS:

1. Increased revenues

2. Decreased competition

3. Longer product lifespan

4. Easier cash-flow management

5. Better risk management

6. Benefiting from currency exchange