(Consider This) The greatest benefit to an economy from international trade is

Question

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International trade allows countries to consume goods and services that they cannot produce domestically due to limited resources or technology. This provides a wider range of choices for consumers and can lead to increased productivity and efficiency in the economy. Additionally, international trade can lead to specialization and greater economies of scale, which can increase the overall output and economic growth of a country. While employment in the export sector may increase, it is not necessarily the greatest benefit of international trade for the overall economy. Similarly, economic power over other countries is not necessarily a benefit as it can lead to trade tensions and conflicts. Full employment is a desirable goal, but it may not be achievable or sustainable in the long term.

(Consider This) the Greatest Benefit to an Economy from International