Question

Give reasons and explain why foreign trade may be desirable.

Answer 1

International trade or foreign trade is the system by which countries exchange goods and services.
Countries trade with each other to obtain things that are better quality, less expensive, or simply different from goods and services produced at home.
Foreign trade is highly competitive in order to maintain and increase the demand for goods, the exporting countries have to keep up the quality of goods.
Thus foreign trade ensures that the quality and standardized goods are produced.