Question

Read the source given below and answer the question that follow:

Foreign trade and integration of markets Foreign trade creates an opportunity for the producers to reach beyond the domestic markets, i.e., markets of their own countries. Producers can sell their produce not only in markets located within the country but can also compete in markets located in other countries of the world. Similarly, for the buyers, import of goods produced in another country is one way of expanding the choice of goods beyond what is domestically produced.

How does foreign trade become a main channel in connecting countries?

Answer 1

1. The integration of markets across countries is known as foreign trade. Foreign trade creates an opportunity for the producers to reach beyond the domestic markets. 
2. Producers can sell their produce not only in domestic markets but also in international markets, and buyers can import goods, connecting different countries.