108k views
2 votes
Why was trade on the important to the development of societies in ?

Why was trade on the important to the development of societies in ?-example-1

2 Answers

5 votes
The global value is why it’s important thanks hope this helps
User Ganesh Gudghe
by
8.0k points
5 votes

Step-by-step explanation:

Trade has multiple benefits.

Trade leads to faster productivity growth, especially for sectors and countries engaged in global value chains (GVCs). These links allow developing countries to specialize in making a single component, like a keyboard, rather than a finished product, like a personal computer.

User SRandazzo
by
7.5k points