One advantage of International trade is that
...One advantage of International trade is that
Prices of goods become stable
Countries become self-sufficient
Goods consumed are produced at a very high cost
It makes possible the consumption of variety of goods
Correct answer is D
International Trade promotes economic growth, efficiency, technological progress, and what ultimately matters the most, consumer welfare. By lowering prices and increasing product variety available to consumers, trade especially benefits middle- and lower-income households.
During Inflation, interest rate will ...
A floating exchange rate means that the exchange rate is fixed by the _________ ...
Bills of exchange originates from a ...
Fiscal policy is the government's plan to control aggregate demand by manipulating ...
The difference in each country's total output on specification is ...
To enhance the competitiveness of domestic agricultural products, there is need to ...
One profitable form of business undertaken by the commercial banks is ...
In estimating the national income of a country, the three approaches usually adopted are the ...