Forums Economics Assignment Help GCSE Explain one benefit of international trade for UK consumers

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    nammy
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    Explain one benefit of international trade for UK consumers.

    #16105
    nammy
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    Answer: International trade is the exchange of goods and services across nations without any hindrance. International trade increases the competitiveness of the firms and due to which consumers enjoy the competitive price which is cheaper and they are not exploited by the domestic firms. Also, it gives the consumers a greater variety of goods available for consumption.

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