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Explain the benifits of foreign trade.

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Explain the benifits of foreign trade.

Posted by Ashutosh Sethi 6 years, 5 months ago

CBSE > Class 10 > Social Science

1 answers

Madhu Sharma 6 years, 5 months ago

These are some of the benefits of foreign trade- 1. Greater variety of goods are available easily. 2.Better utilization or optimum use of resources 3. Generation of employment . 4. Reduce trade fluctuations. 5. Consumption at cheaper prices. 6. Geographical specialization 7.higher standard of living

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CBSE > Class 10 > Social Science