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.
Answer:
How has Rome influenced the modern world?
Roman law had a significant influence over the modern-day laws of many countries. Legal ideas like trial by jury, civil rights, contracts, personal property, legal wills, and corporations all were influenced by Roman law and the Roman way of looking at things.
