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
1. What are the potential foreseeable financial, psychological, and medical, yet unintended, harmful consequences to one's family and friends in failing to provide a properly executed will and living will prior to one's final illness and death?
Answers (1)
Why isn't overstocking warehouses an effective solution for a problem of low availability? it does not speed product time to market. it is an inefficient use of raw materials. it increases sales costs. it increases production costs.
Answers (1)
The overwhelming majority of existing businesses are A. close corporations. B. corporations. C. sole proprietorships. D. partnerships.
Answers (2)
17. When a business hires another company to perform a risky activity that it does not want to undertake itself, it is practicing which type of risk management strategy? a. avoiding risk c. insuring risk b. transferring risk d. assuming risk
Answers (1)
A local car insurance company advertises their products with television commercials. during those spots, there are flashy lights, attractive dancers wearing skin-tight outfits, and local celebrities talking about how they have that company's
Answers (1)
New Questions in Business
Since business strategies may change often, compensable factors should rarely be added or deleted. a. True b. False
Answers (1)
Which program is not a cash-transfer program?
Answers (1)
Parties more interested in managerial accounting data than in financial accounting data include
Answers (1)
A researcher conducts a survey of people who use anxiety medications, recruited through an advertisement in the local paper. the researcher promises confidentiality, but accidentally leaves a folder of signed consent forms at a cyber cafe.
Answers (1)
Osborn Manufacturing uses a predetermined overhead rate of $19.40 per direct labor-hour. This predetermined rate was based on a cost formula that estimates $256,080 of total manufacturing overhead for an estimated activity level of 13,200 direct
Answers (1)
Home » Business » Why is international trade important for SA?
Sign Up Forgot Password?