Q.1) Economic gain?
A country can gain following opportunities form it :
1.Increase real income :
It helps to reduce production cost. By this it trade labor productivities increases. They become more efficient then previous situation.
2.Increase consumption level :
Reduce confict.
Proper use of resources.
Earning foreign currency
Use of good product etc.
A country can gain following opportunities form it :
1.Increase real income :
It helps to reduce production cost. By this it trade labor productivities increases. They become more efficient then previous situation.
2.Increase consumption level :
Reduce confict.
Proper use of resources.
Earning foreign currency
Use of good product etc.
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