How does trade strengthen the economy of country?1+2+2+=5

1.	How does trade strengthen the economy of country?1+2+2+=5
Answer» <html><body><p>Trade is also <a href="https://interviewquestions.tuteehub.com/tag/likely-537197" style="font-weight:bold;" target="_blank" title="Click to know more about LIKELY">LIKELY</a> to increase employment, given that employment is closely related to production.Trade <a href="https://interviewquestions.tuteehub.com/tag/increases-1040626" style="font-weight:bold;" target="_blank" title="Click to know more about INCREASES">INCREASES</a> competition and lowers world prices, which provides benefits to consumers by raising the purchasing power of their own income, and leads a <a href="https://interviewquestions.tuteehub.com/tag/rise-1189674" style="font-weight:bold;" target="_blank" title="Click to know more about RISE">RISE</a> in consumer surplus.Trade is <a href="https://interviewquestions.tuteehub.com/tag/central-407816" style="font-weight:bold;" target="_blank" title="Click to know more about CENTRAL">CENTRAL</a> to ending global poverty. Countries that are open to international trade tend to grow faster, <a href="https://interviewquestions.tuteehub.com/tag/innovate-516254" style="font-weight:bold;" target="_blank" title="Click to know more about INNOVATE">INNOVATE</a>, improve productivity.Explanation:</p></body></html>

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