Question
What are the basic functions of foreign trade?
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Answer
Foreign trade creates an opportunity for the produces to reach beyond the domestic markets.
Producers can sell their produce not only in markets located within the country but can also compete in markets located in other countries of the world.
For the buyers, import of goods produced in another country
Producers can sell their produce not only in markets located within the country but can also compete in markets located in other countries of the world.
For the buyers, import of goods produced in another country
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