Explain how adequate infrastructure can assist in trading on the global market in middle-income countries.

Facilitates Trade: Adequate infrastructure such as well-maintained roads, ports, and airports can facilitate the movement of goods and services. This makes it easier for middle-income countries to export and import goods, thereby participating in global trade.

Reduces Costs: Good infrastructure can significantly reduce the cost of doing business. For instance, efficient transportation systems can lower the cost of shipping goods, making products from middle-income countries more competitive on the global market.

Attracts Foreign Investment: Adequate infrastructure can attract foreign investors. Foreign direct investment can lead to an increase in economic activity, boosting the country's ability to trade on the global market.

Improves Connectivity: Infrastructure such as telecommunications and internet connectivity allows businesses in middle-income countries to connect with customers, suppliers, and partners around the world. This can open up new trading opportunities.

Enhances Productivity: Infrastructure like power supply and water services are essential for businesses to operate efficiently. Reliable services enhance productivity, allowing businesses to produce goods and services at a scale and quality that meets global market standards.

Supports Economic Growth: By facilitating trade, reducing costs, attracting investment, improving connectivity, and enhancing productivity, adequate infrastructure supports overall economic growth. A stronger economy is better able to engage in and benefit from global trade.