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Question
question 3 (1 point)
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international trade benefits
only the exporter.
only the importer.
both the exporter and the importer.
neither the exporter nor the importer.
the exporter at all times and sometimes also the importer.
International trade is a mutually beneficial exchange. Exporters gain by selling goods/services in foreign markets, increasing sales and profits. Importers benefit by accessing goods/services not available domestically or at a lower cost. This leads to resource optimization, variety for consumers, and economic growth for both parties.
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both the exporter and the importer.