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What are the advantages and disadvantages of international trade?

There are many advantages and disadvantages of international trade to consider, in all its various forms. Here are the key points to consider. 1. It provides a foundation for international growth. Companies that are involved in exporting can achieve levels of growth that may not be possible if they only focus on their domestic markets.

What is international trade?

Part of the Series International trade is the purchase and sale of goods and services by companies in different countries. Consumer goods, raw materials, food, and machinery all are bought and sold in the international marketplace.

What are the benefits of international trade?

The benefits of international trade for a business are a larger potential customer base, meaning more profits and revenues, possibly less competition in a foreign market that hasn't been accessed as yet, diversification, and possible benefits through foreign exchange rates. What Creates the Need for International Trade?

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