International trade contributes and increases the world **d. Economy**.

Trade allows countries to exchange goods and services, which can lead to increased production and economic growth. It enables nations to specialize in the production of goods where they have a comparative advantage, thereby enhancing efficiency and productivity. This specialization and the resultant increase in trade volume stimulate competition, which can lower prices and improve the quality of goods available to consumers.

Moreover, international trade opens up new markets for businesses, allowing them to expand their reach and increase revenues. It also encourages innovation as companies strive to compete in a global marketplace. Additionally, trade can lead to job creation in countries that export goods, further contributing to economic growth. Thus, the correct answer is that international trade predominantly contributes to the enhancement of the world economy.

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International trade contributes and increases the world **d. Economy**.

Trade allows countries to exchange goods and services, which can lead to increased production and economic growth. It enables nations to specialize in the production of goods where they have a comparative advantage, thereby enhancing efficiency and productivity. This specialization and the resultant increase in trade volume stimulate competition, which can lower prices and improve the quality of goods available to consumers.

Moreover, international trade opens up new markets for businesses, allowing them to expand their reach and increase revenues. It also encourages innovation as companies strive to compete in a global marketplace. Additionally, trade can lead to job creation in countries that export goods, further contributing to economic growth. Thus, the correct answer is that international trade predominantly contributes to the enhancement of the world economy.

Knowee AI · Accepted Answer

International trade contributes and increases the world **d. Economy**.

Trade allows countries to exchange goods and services, which can lead to increased production and economic growth. It enables nations to specialize in the production of goods where they have a comparative advantage, thereby enhancing efficiency and productivity. This specialization and the resultant increase in trade volume stimulate competition, which can lower prices and improve the quality of goods available to consumers.

Moreover, international trade opens up new markets for businesses, allowing them to expand their reach and increase revenues. It also encourages innovation as companies strive to compete in a global marketplace. Additionally, trade can lead to job creation in countries that export goods, further contributing to economic growth. Thus, the correct answer is that international trade predominantly contributes to the enhancement of the world economy.

International trade contributes and increases the world _________Question 16Answera.Inflationb.Trade Barriersc.. Populationd.Econom

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International trade contributes and increases the world _________

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