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1=foreign trade creates an opportunity for the producers to reach beyond the domestic markets.
2=producers can sell their products in the market located in other countries.
3= it helps for expanding the choice of goods beyond domestic market.
4=it is a main channel connecting countries.
5= highly helpful for extensive trade
1.Foregin trade leads to integration of markets because it creates an opportunity for the producers to reach beyond the domestic markets.
2.Producers can sell thiere products in their own country as well as other countries in the world.
3.The buyers too have a choice of products.
4.The competition among the producers bring them closer to each other.
5.Sometimes the producers of different countries set up joint ventures as AIG have set up joint venture in insurance sector and selling their products in india.