International trading boosts economic growth, creating opportunities for busine
International trading boosts economic growth, creating opportunities for businesses. Globalization enables access to new markets, increasing revenue. Specialization fosters efficiency, reducing production costs. Trading promotes competition, driving innovation. Multinational corporations invest in research and development.However, trading carries risks: exchange rate fluctuations, cultural differences, and logistical complexities. Effective risk management strategies, such as hedging and diversification, … Read more