Which process helps countries import things they cannot make while allowing them to specialize in exports?.

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14-07-2022
Business

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Which process helps countries import things they cannot make while allowing them to specialize in exports?.

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baliyansmiriti baliyansmiriti · Answer 1 · 2022-07-23T08:26:55+02:00

International trade is the process that helps countries import things they cannot make while allowing them to specialize in exports.

Global exchange, financial transactions which can be made among countries. Some of the items normally traded are customer goods, including television units and garb; capital goods, along with equipment; and raw materials and meals.

Trade is central to finishing international poverty. countries that are open to worldwide change generally tend to grow quicker, innovate, enhance productivity, and offer higher profits and extra opportunities to their people. Open alternate additionally blessings lower-earning households by supplying clients with less expensive goods and services.

Global exchange, monetary transactions which can be made between countries. Most of the items normally traded are purchaser items, which include television units and apparel; capital goods, consisting of equipment; and uncooked materials and meals.

Learn more about International trade here https://brainly.com/question/15115779

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