International trade makes markets more competitive.

which of the following is a benefit of international trade

A major benefit of having markets in overseas countries for a business is:YOUR ANSWERYour Answerthe increase in the costs of productionthe opportunity for its customers to buy the product when travelling overseas.an additional revenue stream.it keeps costs down.

_______ holds that there are advantages to trade because different countries can produce different goods more efficiently than others.

All are advantages of foreign trade EXCEPT: People get foreign exchange Nations compete Cheaper goods Optimum utilization of country's resources

Removal of ….......... trade barriers has made the formation of global markets more feasiblea.cross-cultureb.cross-borderc.multi-linguald.interdisciplinary