News: Positive Impact of International Trade

Export and import activities have a positive impact on international trade, as follows:

Can expand domestic production to foreign countries

One country cooperates with another country

There is a flow of exchange of goods and services between countries

It is easy for a country to get goods that cannot be produced domestically

The country earns foreign exchange

There is a shift in technology from developed countries to developing countries

A country income increases because of the duties paid on exports and imports

Maintaining stability and accelerating economic growth

Fostering cooperation and friendship between countries

The principle of international trade is almost the same as barter. There are advantages and advantages of trade between countries. This advantage gave birth to the theory of international trade.

https://kuntal.org/kuntal/blog/view/72689/benefits-and-positive-impacts-of-international-trade
https://writeonwall.com/entertainment-benefits-and-positive-impacts-of-international-trade/
https://www.shadowville.com/board/general-discussions/example-of-international-trade
http://ideate.xsead.cmu.edu/discussion/introduction-to-media-synthesis-and-analysis/topics/positive-impact-of-international-trade
https://www.onfeetnation.com/profiles/blogs/positive-impact-of-international-trade-2022