Reasons as to why countries may want to trade with each other
- Thread starter Stardom22
- Start date
By promoting innovation and market specialization, it helps to lower product prices globally and is crucial for maintaining a competitive global economy. Access to goods and services that may be more affordable and of higher quality than those that are provided domestically is another benefit of trade.
When countries are not in agreement or they are in conflict, they will never trade with each other and that is what is happening in the world right now.
When two countries are trading with one another they are creating relationship and they would become allies.
- Thread starter
- #7
The different countries may also be engaged in
doing businesses in between so that they want to promote the international relationship and diplomatic between them. They would like to have promote peace between them too.
doing businesses in between so that they want to promote the international relationship and diplomatic between them. They would like to have promote peace between them too.
@Stardom22 Yes, I totally agree with you, besides that a country wants to trade in other countries because it sees better market potential in other countries. Especially in countries that couldn't make the same product he was selling.
