Advantages of International Trade
a) Greater variety of goods available for consumption.
b) Efficient allocation and better utilisation of resources since countries tend to produce goods in which they have a comparative advantage.
c) Promotes efficiency in production as countries will try to adopt better method of production to keep costs down in order to remain competitive.
d) More employment could be generated as the market for the countries’ goods widens through trade.
Disadvantages of International Trade
a) It could lead to a more rapid depletion of exhaustible natural resources.
b) A country could become heavily dependent on other countries
c) Domestic industries are exposed to foreign competition and ‘dumping’ of cheap foreign products and this may cause unemployment if these industries are unable to compete with cheaper imports.
Email based economics assignment help - homework help at TutorsGlobe
Are you searching economics tutor for help with Advanteges and Disadvantages of International Trade questions? Advanteges and Disadvantages of International Trade topic is not easier to learn without external help? We at www.tutorsglobe.com offer finest service of economics homework help and economics homework help. Live tutors are available for 24x7 hours helping students in their Advanteges and Disadvantages of International Trade related problems. We provide step by step Advanteges and Disadvantages of International Trade question's answers with 100% plagiarism free content. We prepare quality content and notes for Advanteges and Disadvantages of International Trade topic under economics theory and study material. These are avail for subscribed users and they can get advantages anytime.
Why TutorsGlobe for homework help
tutorsglobe.com energy resources assignment help-homework help by online natural resources tutors
tutorsglobe.com change of electron affinity along a period assignment help-homework help by online electron affinity tutors
the quality of the service that is provided is determined through the extent to which the requirements of the several user groups have been met.
A resource will only be considered as an asset and involved on the statement of financial position if it can be calculated in monetary terms, along with a appropriate degree of reliability.
www.tutorsglobe.com offers levels of cohesion homework help, assignment help, case study, writing homework help, online tutoring assistance by computer science tutors.
tutorsglobe.com types of immunoglobulins assignment help-homework help by online antibodies tutors
Equi-partition of Energy and Classical Statistics tutorial all along with the key concepts of Equipartition Theorem, Classical Statistics, Probability of Distribution Function, Ideal gases of Atom and Electrons, Maxwell velocity Distribution
tutorsglobe.com digestion of lipids assignment help-homework help by online digestion tutors
Result of the legal separation of the limited company from its owners is that companies have to be responsible to the tax authorities for tax on their profits and gains.
Paramecium tutorial all along with the key concepts of Physical Appearance of paramecium, paramecium Feeding, Respiration process in Paramecium, Movement in Paramecium, Reproduction and Importance of paramecium
tutorsglobe.com transplantation immunology assignment help-homework help by online immunology tutors
Coulometry tutorial all along with the key concepts of A Typical Example of Coulometric Process, Types of coulometry, A Typical example of Coulometric Calculations, Current Efficiency requirements, Instrumentation, Coulometric Titration over the Conventional Titrations
www.tutorsglobe.com offers conceptual and technical designs homework help, assignment help, case study, writing homework help, online tutoring assistance by computer science tutors.
Other Types of Bonding tutorial all along with the key concepts of Metallic bonding, Explaining the Physical Properties of Metals, Hydrogen bonding, Hydrogen Bonds in Biology, Other intermolecular forces, London dispersion forces, Dipole-dipole interactions
kinetic theory of gases and application tutorial all along with the key concepts of Pressure Exerted By Gas, Root Mean Square Velocity (R.M.S) of Gas Molecules, Distribution of Molecular Speeds, Boltzmann constant, Internal Energy of a Gas, Monatomic gas, Diatomic gas
1947356
Questions Asked
3689
Tutors
1452139
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!