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discuss the role of international trade in an economic development of a country


dsinghpriya84 7th Jun, 2020
Answer (1)
Shudhanshu Gupta Student Expert 7th Jun, 2020
Hello.
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.
Best of luck.

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