The benefits of international trade lures a country so much that it ca

1.	The benefits of international trade lures a country so much that it cannot resist jumping into it. Give reason.
Answer» No country is self-sufficient. It needs a very large number of resources, goods and services that too in huge quantity to keep the economy running smoothly. This cannot be possible if the country just deals with internal trade. International trade contributes heavily in making optimum use of resources, obtaining resources from other countries, and selling excess produce of country. A country can also stabilize its prices, improve its standard of living and above all get a lot of help from other countries in times of natural calamities. Owing to these reasons it is impossible for a country not to get lured by foreign trade.

The benefits of international trade lures a country so much that it cannot resist jumping into it. Give reason.

Answer»

No country is self-sufficient. It needs a very large number of resources, goods and services that too in huge quantity to keep the economy running smoothly. This cannot be possible if the country just deals with internal trade.

International trade contributes heavily in making optimum use of resources, obtaining resources from other countries, and selling excess produce of country.
A country can also stabilize its prices, improve its standard of living and above all get a lot of help from other countries in times of natural calamities.
Owing to these reasons it is impossible for a country not to get lured by foreign trade.

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The benefits of international trade lures a country so much that it cannot resist jumping into it. Give reason.

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