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
Forklaring
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.