the gains from expanding trade are probably most important for the low-income economies in the world as opposed to the gains though trade benefitting the usa. why might this be so?

Respuesta :

Since the enormous U.S. economy may already benefit from internal commerce, there may not be as much need for international trade.

What is trade and example?

Meaning and definition. The action of purchasing, selling, or exchanging products and services between individuals, businesses, nations, and other entities is referred to as trade as a noun. It is frequently used interchangeably with "trade." It may also be used to describe a specific industry, such as the construction, tourism, or fur trades.

What are the benefits of trade?

Since it fosters economic growth, fosters domestic employment, enhances living standards, & enables citizens to help their families with fairly priced goods and services, trade is vital to a success of the United States.

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