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WAEC - Economics (2018 - No. 42)

one advantage of international trade is that
prices of goods become stable
countries become self-sufficient
goods consumed are produced at a very high cost
it makes possible the consumption of variety of goods

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International Trade promotes economic growth, efficiency, technological progress, and what ultimately matters the most, consumer welfare. By lowering prices and increasing product variety available to consumers, trade especially benefits middle- and lower-income households.

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