A result of international trade is the increased availability of goods and services, allowing countries to access products that may not be produced domestically. This exchange can lead to greater economic growth as nations specialize in producing goods where they have a comparative advantage. Additionally, international trade can enhance competition, leading to lower prices and improved quality for consumers. However, it can also create challenges such as job displacement in certain sectors due to competition from foreign markets.
International Trade slowed as a result of the
International trade slowed down as a result of the Hawley-Smoot tariff.
Trade creates new markets.
The modern theory of international trade works on assumptions of the law of comparative advantage. The comparative advantage arises as a result of differences in the various regions.
Result in a rightward shift in a nation's production possibilities curve.
International Trade slowed as a result of the
International Trade slowed as a result of the
International trade slowed down as a result of the Hawley-Smoot tariff.
Trade creates new markets.
answer
creats new market -apex :)
Result in a rightward shift in a nation's production possibilities curve.
The modern theory of international trade works on assumptions of the law of comparative advantage. The comparative advantage arises as a result of differences in the various regions.
it started in 1900 before world wars as a result of business expansion
The international trade is at peak right now. It is a sentence to show the status of trade in international market.
How specialization affects international trade?
What is a result of global trade