3、The expansion of international trade has opened up new markets and provided consumers with a wider variety of affordable and high-quality products from different parts of the world, enhancing their living standards.
4、Through international trade, developing countries can access foreign investment and technology, which are crucial for their industrialization and economic development, helping to bridge the gap between developed and developing nations.
5、However, international trade also brings challenges, such as trade imbalances and disputes, which require effective multilateral cooperation and negotiation to ensure fair and mutually beneficial outcomes for all participating countries.
