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Advantages and Disadvantages of International Trade

In: Business and Management

Submitted By Maeva17
Words 2145
Pages 9
Please write a short report on the advantages and disadvantages of international trade for the countries whose data you downloaded recently. You are required to illustrate your report with data and charts.

I) Introduction: “The international trade is the exchange of goods, services and capital between countries” (Haekal, 2012). Trade exists for centuries but had known an international dimension with the globalisation. In this report, we will see some advantages and disadvantages of the international trade, through the examples of two countries: France and Italy.

II) The advantages of trade: It exists many advantages to the international trade. We will see three of them, which are, meet the need of the country, create jobs and attract foreign investments in the country.

1) Meeting the need of the country: By open its economy to the world, a country increase its growth and the satisfaction of the need of the people. The offer of goods and services is diversified. The result is better quality goods, lower prices, and functional design. The country may also sell the…...

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