Topic > Advantages and Disadvantages of International Trade

This is inevitable and ultimately beneficial to all parties involved. A larger percentage of companies will purchase from the domestic market, domestic companies will increase their profits, and the consumer will pay less. This is the other significant benefit of international trade; indirectly it causes the domestic market to become competitive with the foreign market. A company that attempts to reduce production costs through outsourcing will unintentionally benefit local companies in the future. Eventually business will return to the domestic market as soon as it is beneficial for companies