Part - 2 CH - 8 International Trade — Geography STD 12 Humanities & Commerce — Question

International trade is beneficial as no country is self sufficient. It bridges the gap between surplus regions and deficit regions through export and imports. Countries need to trade to obtain commodities, they cannot produce themselves or they can purchase elsewhere at a lower price. It helps countries in maintaining the specialisation in the production of goods and services. It increases international cooperation and understanding. In early times it played significant role in the cultural diffusion.