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Basic function of foreign trade??

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Basic function of foreign trade??
  • 3 answers

Adithya Dev A 4 years, 9 months ago

For consumers = greater choice, higher standard of living.

Adithya Dev A 4 years, 9 months ago

For producers = increase access to foreign market, they are able to compete with producers of other countries thus, increasing productivity.

Adithya Dev A 4 years, 9 months ago

Integration of market.
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