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Exchange of goods and commodities, people and technology etc.
Certain products can only be grown in certain countries.
With the help of foreign trade not only exchange of goods and services but at the same time we get to learn new communication tactics, develope in exchange of goods, get to learn new technology.
Good question ,
Reason of foreigner trade as folowing .
1. developing the new communication.
2.developing the exchange of goods.
3.developing the knowledge of busines.
4.Uderstand new technology.
1. Balance of trade.
2. Balance of payment.
3. Competitive market forces.
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