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How does trade benefit a country's economy?

Trade makes fewer goods available to buyers.
Trade increases a country's trade deficit.
Trade brings opportunities for economic growth.
Trade causes tariffs.

User Nskalis
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1 Answer

1 vote

Answer:

Trade brings opportunities for economic growth

Step-by-step explanation:

The trade between the countries all over the world has become a common thing in the past several decades. This has opened up lot of opportunities for the companies that earlier operated only on the domestic market, as now they have the whole world at disposal. If the companies offer products that are of good quality and decent prices, they can expand on a much larger market, which i turn will bring in more money in the domestic economy, open up more jobs, and contribute positively on the economic growth of the country.

User Gtludwig
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