Which nations benefit from international trade:

Question

Quizplus · Accepted Answer

Both small and large nations benefit from international trade. Small nations can increase their market size and access goods and services that they may not be able to produce domestically. Large nations can benefit from specialization and economies of scale by exporting their goods and services. Overall, international trade can lead to increased economic growth and improved standard of living for both small and large nations.

Which Nations Benefit from International Trade