What is the role of international trade in a mixed economy?

Economics Mixed Economy Questions



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What is the role of international trade in a mixed economy?

The role of international trade in a mixed economy is to facilitate the exchange of goods and services between countries. It allows for the importation of goods and resources that may not be available domestically, while also providing an opportunity for domestic producers to export their goods and expand their markets globally. International trade helps to promote economic growth, increase efficiency, and enhance consumer choice in a mixed economy.