How can consumer and producer be benefited from foreign trade?explain

1.	How can consumer and producer be benefited from foreign trade?explain with example.
Answer» \tForeign trade help the producers to find a new market internationally .now they can sell their products world wide thus this will enhance their revenue.\tIt will be helpful for consumers as they now are getting variety of products to choose from.\tThey do not only have to be dependent on Indian companies many new MNC are entering in the market which will give a cut throat competition to Indian companies thus as the result consumers will be getting good quality products.

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