Sawan Mein Lag Gayi Aag Ke Dil Mera Haaye - Mika Singh, Neha Kakkar, Badshah | Lyrics | Mp3 Download

Title Name  - Sawan Mein Lag Gayi Aag  Movie - Ginny Weds Sunny Cast/Starring - Yami, Vikrant Singer Name - Mika Singh, Neha Kakk...

What is International trade | Advantages and Disadvantages

International trade -

it is business between two countries, its is exchange of  goods and services to another country. it is also change of money and  product and services. its is also a process of export and import .

Advantages of international trade

  • advantages  of competition [ competition eliminates  profits and also create monopoly ].
  • it is helpful in arises period .
  • expansion of the market .
  • it is useful in cultural development .
  • development of social services.
  • it is helpful in  industrial development .
  • instrument and price control .

Disadvantages of international trade

  • dumping effect  creates unemployment .
  • its is adverse affect the culture .
  • it  makes us foreign dependence.
  • it exploitation of natural resources
  • it exploitation of poor countries .

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