International trade is it good business?

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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 theย Pros andย Cons have. what do you thinkย is it good business?

Puvikaran Changed status to publish June 22, 2021
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