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Why it is impossible to service without international trade. |
| Answer» International trade is the order of the day. Technology, particularly IT, has played a big role in organising production across countries.As the resources are space bound, no country can survive without international trade.Export and import are the components of trade, as no country can sufficiently produce each and every product required by its people nor can its domestic market consume the products that it produces.It is for this reason it is said that no country can survive without international trade. | |