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Define the term international trade and list six advantages of international trade

Define the term international trade and list six advantages of international trade.

Answers

i)Reduced dependency on a local market
ii)Leads to innovation
iii)Increased chances of success
iv)Peaceful coexistence among countries
v)It enables transfer of technology from one country to another
vi)It is a source of exchange and income.

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Hildah Wafula answered the question on March 8, 2019 at 09:46

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