How can consumers and producers be benefited from 'foreign trade? Expl – InterviewSolution

1.	How can consumers and producers be benefited from 'foreign trade? Explain withexamples
Answer» Answer.Consumers and producers canbebenefited from foreign trade:Foreign tradecreates an opportunity for theproducers toreach beyond the domestic market.Producer cansell their produce not only in markets located with in the country butcan also compete in markets located in other countries of the world.

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