What Are The Objectives Of International Trade?
Answer:
The basic objectives for which any country indulges in International trade are:
To maximize its exports and increase its market share surrounded by the world. The small scale industries and exporters also get the benefit of growing. Another objective is to increase their geographical accomplish in different countries and get foreign exchange.
The entrepreneurs are also encouraged by a country’s exports and hence they catch more opportunity to develop and establish themselves. The images and credibility is also improved in the different countries and regional blocks and the country get a chance to take part surrounded by the strengthening competition and perform better.
To maximise its exports and increase its market share in the world.
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