1.

Why is it important to know the size, composition and direction of the county’s foreign trade?

Answer»

Understanding the size, composition and direction of the county’s foreign trade is necessary to know:

  • The trends and development of trade
  • The efforts that a country puts to promote her trade in international market
  • The relation of a country with other countries
  • The quality of domestic production done to match international standards
  • The competitiveness of domestic products in international market, etc.


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