discuss the role of international trade in an economic development of a country
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Student Expert
7th Jun, 2020
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International trade plays an important role in the economic development of any country because it provides various benefits to a country some of these are listed below:
International trade plays an important role in the economic development of any country because it provides various benefits to a country some of these are listed below:
- It provides foreign exchange that is beneficial for the the printing of more currency.
- It expand the market of a country.
- It provides job opportunities for many people.
- It provides an international image to a country.
- It establish a relation between various countries.
- It enables customer to have enjoyment of various type of goods.
- It increase the living standard of people of a country.
- It decreases the poverty of a country because many people get the job opportunities, so in a conclusion it increase economic growth of a country.
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