HOW DOES A COUNTRY GET BENNIFITTED FROM TRADE

1.	HOW DOES A COUNTRY GET BENNIFITTED FROM TRADE
Answer» Trade increases competition and LOWERS world prices, which provides BENEFITS to consumers by raising the purchasing POWER of their own income, and leads a rise in CONSUMER surplus. Trade also breaks down domestic monopolies, which face competition from more efficient foreign firms. hope it helps you and hope it helps you and please mark me as brainliest

Answer»

Trade increases competition and LOWERS world prices, which provides BENEFITS to consumers by raising the purchasing POWER of their own income, and leads a rise in CONSUMER surplus. Trade also breaks down domestic monopolies, which face competition from more efficient foreign firms.

hope it helps you and

hope it helps you and please mark me as brainliest

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