1. International economics facilities the study of allocation of scarce resources among unlimited and competing wants internationally.
2. International Economics explains the importance of international trade to a country and the whole world in general.
3. International Economics tries to diminish the importance of political boundaries so that the world becomes a global village (it calls out for globalization)
4. International Economics helps a student to decide whether globalization is good or bad.
5. The study of International Economics helps to equip students with tools of analysis to be able to evaluate which policies can balance global interest with national interest.
Dullayo answered the question on May 9, 2018 at 10:18
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