International trade is it good business?

1.78K viewsFeedback

International trade is it good business?

Pros

  • increases sales & profits
  • lower cost of goods
  • competitive advantage
  • market expansion
  • spreads business risk

Cons

  • foreign currency fluctuations
  • higher risk of non payment
  • cultural differences
  • communication problems
  • loss of local producers

These are the Pros and Cons have. what do you think is it good business?

Puvikaran Changed status to publish June 22, 2021
0