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Foreign trade is not necessary for a country to survive. However, by entering into foreign trade pacts countries can have an easier time growing and thriving by gaining economical opportunities as well as obtaining products that are necessary.

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Q: Is Foreign trade is necessary for any country to survive?
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Related questions

Foreign trade is necessary for any country to survive?

Foreign trade is important but not necessary for a country to survive. Some countries can be self-sufficient, especially if they are not consumerist countries.


What is trade within a country or foreign country?

Trade.


What is foreign trading used for?

Foreign trade is the trading of goods and services that are going to a country other than the country they originated from. Foreign trading is necessary to keep factories stocked with supplies needed to provide their own supplies to other companies.


What is meant by foreign trade?

It's basically when a country trades with another, or foreign, country.


With which country has India got the maximum amount of foreign trade?

India has the maximum amount of foreign trade with China.


What have you learned about foreign direct investment and the political economy of trade?

foreign direct investment is that investment in which a foreign country invests in a host country.


Why does Australia trade?

Countries trade for their economy, no country could survive on their own without trade.


What is another word for goods sent out of the country to another country?

There are a couple words that can be used instead of foreign trade. The word international trade can be used as well as exporting can be used for foreign trade.


What European country had the largest foreign trade in1620?

The Netherlands.


When a country runs a trade deficit it does so by?

Countries run trade deficits by selling assets to or borrowing from foreign countries. A trade deficit happens when a country has a negative balance of trade.


What is meant by a foreign trade zone?

Foreign trade zones are geographical areas where commercial merchandising receives the same Customs treatment as it would if it were outside a country's borders.


Importance of foreign exchange?

it is a important trade which in turn develop the country for better life style in the country .