1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
denis23 [38]
3 years ago
6

What are the benefits of global trade??

History
2 answers:
lorasvet [3.4K]3 years ago
6 0
1. Greater variety of goods available for consumption

2. More employment

3. Promotes efficiency in production
Inga [223]3 years ago
5 0

Answer:

International trade, foreign trade or world trade is defined as the movement of goods and services through different countries and their markets. It is made using foreign exchange and is subject to additional regulations established by the participants in the exchange and the governments of their countries of origin. When carrying out international commercial operations, the countries involved benefit from each other by better positioning their products and entering foreign markets.

The benefits are:

  • Increase competitiveness: Through the import or export of products you will also increase competitiveness within your national market. Thus, the mere acquisition of products imported from other parts of the world at prices that may be similar or even lower than those of their national market, will increase the existing competition.
  • Generator of employment: The sale of products or services through foreign companies allows the creation of employment in the place of development of commercial activity, decreasing unemployment rates in the region and improving the living conditions of residents.
  • Investors for your business: If you decide to carry out international trade operations, you will be attracting other people interested in investing in your company, while considerably reducing the costs of your operations. Using international marketing you can add value to your brand, reduce your operating costs considerably and attract foreign investors.
  • Greater benefits and increased sales: Once you get to export your products to other places you can get a substantial improvement in the sales of your products or services. This type of commercial operations in international markets will help you obtain greater benefits, and increase the volume of sales of your products over time.
You might be interested in
What was not a part of the African experience during slavery in America?
alukav5142 [94]
They could not learn how to read or write it was seen as a privilege only a powerful white man should know.
4 0
2 years ago
Read 2 more answers
Answer this question with the best answer I like fore free brainiest<br><br> Do like ur house?
Simora [160]

Answer:

yes i do becuse it so cozy and welcoming and its color and becuse it looks wonderful! I love this house

Explanation:

5 0
3 years ago
Read 2 more answers
Which four countries signed the Munich Agreement?
klio [65]

Answer:

Germany, Great Britain, France, and Italy

Explanation:

6 0
2 years ago
Read 2 more answers
What is a significance of the Supreme Court decision Humphrey's Executor vs. United States?
Dafna1 [17]

Answer: The outcome: The Supreme Court ruled unanimously that the President could not remove a Federal Trade Commissioner for a cause other than "inefficiency, neglect of duty, or malfeasance in office." In brief: President Franklin D. Roosevelt asked William E. Humphrey, a member of the Federal Trade Commission, to resign.

Explanation:

8 0
3 years ago
Read 2 more answers
Plz help me well mark brainliest if correct!
vovikov84 [41]
A is the answer explantion
8 0
3 years ago
Other questions:
  • What are the five parts of the albany plan of union?
    5·1 answer
  • Production increases do not affect the quantity supplied of an item. True or False
    15·1 answer
  • Plz help 50 pts !!!!Write a report on the importance of the Battle of Saratoga
    10·2 answers
  • what is the name of the transatlantic trading network between Europe, Africa, and the America's that included the exchange of ma
    14·1 answer
  • What was the purpose of the battle of Jutland?
    6·1 answer
  • What was one reason for the interstate highway system begun in the 1950s
    14·2 answers
  • Independence?
    14·1 answer
  • When did the first laptop come out?​
    7·1 answer
  • "Evaluate the way in which non-Western nations responded to the advances in Western Europe? "
    9·1 answer
  • Which situation represents an internal conflict?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!