What is the role of trade in communism?

Economics Communism Questions



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What is the role of trade in communism?

In communism, the role of trade is limited as the primary goal is to establish a classless society where the means of production are collectively owned. Trade is typically conducted on a limited scale, mainly to acquire goods and resources that are not readily available within the country. The focus is on self-sufficiency and meeting the basic needs of the population rather than engaging in extensive international trade.