179k views
1 vote
What is an international trade ?​

User Nixxon
by
6.4k points

1 Answer

3 votes

Basically, international trade allows countries to expand their markets for both goods and services that otherwise may not have been available domestically. As a result of international trade, the market contains greater competition, and therefore more competitive prices, which brings a cheaper product home to the consumer.

Hope I helped!

User Yehor Androsov
by
5.9k points