What is the need for foreign trade to a country? – InterviewSolution

InterviewSolution

1.	What is the need for foreign trade to a country?
Answer» No country in the world is self sufficient in all the natural resources. Some countries have plenty of natural resources. Using the available natural resources they produce more goods than they require and the excess is imported to other countries. In the same way some countries are deficient , in some natural resources and thus they depend on other countries for natural resources.

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