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

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

dsinghpriya84 7th Jun, 2020

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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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