Title: Why is International Trade important? | KnowsWhy.com
Headings: Why is International Trade important?
Why is International Trade important?
The key role of trade in development
Trade and poverty
Ten reasons why trade is important to development:
Author: Lourdes Cedeno

Content: Trade is universally the principal engine of growth; however, seizing new trading opportunities in the context of globalization is not fair game for countries that are not endowed with economic capacities. Countries must have –
1. Economic star players of the highest quality of expertise who have clear grasps of the progressive international stipulation. 2. An implication of the availability of minimal infrastructure and an appropriate range of human resources. 3. Adequate and efficient producer services to assist entrepreneurs minimize the expense for transaction that hinders economic efficiency. Ten reasons why trade is important to development: 1.