international trade means exchanging goods and services across international boundries. In international trade, goverments and other organisations may impose restrictions on what goods can come and go out of the country. This may be for a number of reasons. There are disadvantages for international trade like when one country is importing goods the emerging domestic company in the local market loses out and is disadvantaged. however where there are disadvantages, ther are also benefits and some firms believe that benefits outweight the costs of international trade.

International trade gives the firms a large platform to introduce their goods ans services. They have access to a larger market enabling them to take a greater advantage of economies of scale. They will be able to purchase raw materials and other component parts more easily and more cheaply. It is not only the producers that benefit but also the consumers. They can purchase goods from other countries in their local market . They have more variety to choose from. Because of competition each consumer will benefit from low priced better quality products. International trade increase world output.

There are countless benefits of international trade but the best is I think the increasing opportunity of employment & jobs. It also reduces poverty.

1. Increased world wide output
2. Goods and services produced at lower cost
3. Greater range of commodities for consumers
4. Overall increase in standard of living

It creases world output, it improves the living standards of people, it create competitiveness between local and foreign industries, it create a variate of goods and services to the consumers, goods tend to be cheap and quotable.

Give choices to people to buy cheaper goods comes from other counties.

1. It is fun
2. Gandhi has wings

Some important benefits of International Trade
 
-->Enhances the domestic competitiveness
-->Takes advantage of international trade technology
-->Increase sales and profits
-->Extend sales potential of the existing products
-->Maintain cost competitiveness in your domestic market
-->Enhance potential for expansion of your business
-->Gains a global market share
-->Reduce dependence on existing markets
-->Stabilize seasonal market fluctuations
 

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Increases employment both locally and internationally,hence improved living standards

Enables countries to specialize

-improve the standard of living
-enable people to enjoy variety of product from other countries.

Factors of pricing strategy

International trade brings what benefits to an organisation

Reciprocal Advantage:
Dr. V. B. Hans
Mangalore (INDIA)