What are the benefits of international trade? How does foreign trade affect the internal job sector? International trade allows scarce global resources to go towards their most valuable uses. This may mean a loss of jobs in one sector with the creation of jobs in another, but the economy is overall more efficient and the population at large benefits. In this article, we’ll look at the three primary benefits of international trade: absolute advantage, comparative advantage, and economies of scale.
The Top 3 Benefits of International Trade










