Title: Why Is Trade Important? - Blurtit
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Why Is Trade Important?
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Content: Anonymous answered
Trade is important because a country may need resources it can't provide for itself, or it's cheaper to import than to produce locally. And trading it's resources to other nations that can't produce them means that it's one big cycle where everyone trades until they all have what they need while making money by selling what they don't need. They do it for the development of the country so that people can get food, clothes, necessities people need that their own country does not have access to, and to do business with other countries through trade. Trade imports ideas, crafts, technologies and philosophies as well. Empires that succeed, takes over the best qualities from the neighboring empires. It also keeps good relations with rival empires. Trade is better than going to war with another empire. Anonymous answered
Trade is a very important industry in all parts of the world. Trade is the exchange of goods between those who produce them and those who consume them. Different countries produce different goods some for export and some for local use.