Question

what are the advantages and disadvantages of international trade?

What are the advantages and disadvantages of international trade for:
- consumers
- government
- businesses

THANK YOU

1 year ago - 1 answers

Best Answer

Chosen by Asker

Advantages are following:
Consumers have to tast with different varieites.
Government takes tax from it.
Business gets Globalization advantage.
Disadvantages are following
Consumers prefer other product rather than of own country.
Government has to impose rules on it,
Others business effected, profit margin reduced.

1 year ago