Global trade provides consumers with

Business

1 answer:

n200080 [17]3 years ago

5 0

Global trade provides consumers with MORE OPTION AND LOWER PRICES.

Explanation:

Global trade provides consumers the opportunity to be exposed to goods and services not available in their home countries. Products that are sold within an international trading market are considered exports, while those purchased from the global trade market are labeled as imports.

It is thought that Global trade provides consumers with a great variety of goods and more options delivered at lower prices. Global trade allows countries to exchange goods and resources. Some countries specialise in producing some goods, while other countries specialise in producing other goods. By doing so, there are lower opportunity prices for consumers and a greater choice of goods.

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