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Hi, I need to write an essay about international trade. Please see below: International trade has been a great boon for many countries and, in general, has been more beneficial for the world than not....

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Hi, I need to write an essay about international trade. Please see below:
International trade has been a great boon for many countries and, in general, has been more beneficial for the world than not. However, there are both costs and benefits associated with international trade. Present and discuss two advantages of international trade and two disadvantages of international trade.
-Develop a response that includes examples and evidence to support your ideas, and which clearly communicates the required message to your audience. Organize your response in a clear and logical manner as appropriate for the genre of writing. Use well-structured sentences, audience-appropriate language, and correct conventions of standard American English.
  • -Write a coherent essay, including an introductory paragraph with thesis statement, supporting paragraphs with main statements, transitioning between paragraphs, and a conclusion paragraph.
  • -Be sure to answer the writing prompt clearly and directly.
Answered Same Day Dec 25, 2021

Solution

David answered on Dec 25 2021
113 Votes
Trade is the idea of interchanging goods and services in between two individuals or
firms. International trade is then the notion of this trading in between individual or firms in two
different nations.
The trading of goods and services from one place to another on international level is known as
International trade. It is the interchanging of goods, capital & services among countries around
the globe. In numerous nations, such dealings represent an important share of gross domestic
product (GDP).
What is the need for trade between countries? To put it simply, if a nation can make a good for
not so much than another nation, then the chance for commanding trade exists. Of course, the
possibility for commanding exchange also exists when a nation can create a good that the other
nation is not able to make. In every one of these instances, the nations that are consuming and the
manufacturing nations will do well with doing trade rather than not doing it.
Trading takes place between two nations when they do not have the resources or the ability to
fulfill their desires, needs and wants. By utilizing, exploiting, expanding and developing their
scant assets and resources, nations can create a surplus, and exchange this for the assets
esources they want.
For example, Siya bakes only pastries and cakes. While Suraj on the other hand cooks pizza,
pasta. Siya is tired of baking and eating pastries and cakes and wants to eat something new.
Coincidently, Suraj is also tired of eating pizzas and desires to have some sweet and sugary
delights. If they trade each other’s dishes then it would be beneficial for the both of them.
There are various advantages of International Trade are:
1) Ideal...
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