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How can consumer and producer be …

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How can consumer and producer be benefited from foreign trade?explain with example.

    • Posted by Sital Jyala 6 years, 9 months ago

    CBSE > Class 10 > Social Science
    • 1 answers

    Yogita Ingle 6 years, 9 months ago

    • Foreign trade help the producers to find a new market internationally .now they can sell their products world wide thus this will enhance their revenue.
    • It will be helpful for consumers as they now are getting variety of products to choose from.
    • They do not only have to be dependent on Indian companies many new MNC are entering in the market which will give a cut throat competition to Indian companies thus as the result consumers will be getting good quality products.

    1Thank You

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