Ask Question
BusinessBusiness
1 June, 20:16

Why is international trade important for SA?

+2
Answers (1)
  1. 1 June, 20:25
    0
    There are a couple of reasons why international trade are important for SA

    - South Africa could gain more profit by selling its product to the more developed country

    - International Trade will strengthen South African Currency

    - International Trade tend to increase A country's GDP, which is very good for a developing country like South Africa
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Why is international trade important for SA? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
In the process of increasing accountability for investments, during which step should the project sponsors and business owners be defined and develop an understanding of the accountability they now have for the successful completion of the project?
Answers (1)
A small economy starts the year with $3,500,000 in capital. During the course of the year, gross investment is $300,000 and depreciation is $150,000. How big is the economy's stock of capital at the end of the year? a. $3,650,000b. $3,800,000c.
Answers (1)
Adoption of which of the following ethical approaches is most likely to cause a company to use tools such as cost-benefit analysis and risk assessment to weigh all of the social benefits and costs of a business action? A. Naive immoralism B.
Answers (1)
Which of the following statements is correct? A. The deduction for personal and dependency exemptions is not permitted in calculating the AMT. B. Therefore, in converting regular taxable income to AMTI, a positive adjustment is required. C.
Answers (1)
In addition to making shopping easy and convenient for the customer, an effective layout can?
Answers (1)
New Questions in Business
Cole is refinishing an antique china cabinet and has already spent $180 on the restoration. He expects to be able to sell the cabinet for $360.
Answers (1)
Decentralization encourages upper level management to concentrate on short-term decisions. True or False?
Answers (1)
Behavioral economist Richard Thaler has studied several examples of how businesses make use of inconsistencies in consumer decision-making.
Answers (1)
Linda underpaid her taxes for the current year by $4,000 due to negligence. a. Calculate Linda's accuracy-related penalty for negligence. $ b.
Answers (1)
A retired person with $200,000 to invest states that "current income" is her main investment objective. Which of the following would be most suitable? (A) High yield bonds and growth stocks (B) Municipal bonds, U. S.
Answers (1)
Home » Business » Why is international trade important for SA?
Sign Up Forgot Password?