Skip to main content

Posts

Showing posts with the label international trade imports and exports

Benefits of International Trade

Sharing international trade knowledge in the education sector is just a small contribution of e-Life and Work.  An introduction to the international economy is expected to have an impact on entrepreneurs. 1. Many options for end users to make comparisons Consumers have a choice of ready-made items such as clothing, health products, food, services such as tourism, hotels and transportation 2. Reasonable prices Products and services are available at cost savings as technology advances. 3. Raw materials To produce a product, raw materials are needed for the production process. With international trade of raw materials can be obtained for processing. 4. Specialization in the manufacturing sector Capitalists bring in huge capital to build factories and produce large-scale products that promise better results. 5. Export and Import Export and import activities have a positive impact on gross domestic product. Large-scale exports will be exported overseas to meet globali...