Advantages of International Trade??

Question

it would be better if u give answer in point..

Answer 1

-According to Theory of comparative advantage, countries will enjoy greater and more efficient allocation of resources through trade and specialisation
-Greater varieties of goods and services
-Technological transfers
-Imports of capital goods (machinery, equipment) to improve efficiency of production
-Provide a greater market for countries that have small domestic market
-Enhance bilateral relations

Answer 2

Biggest advantage:
Countries that engage in international free trade NEVER go to war.
"If goods don't cross borders, troops will.”
-Frederic Bastiat

Also:
>Developing nations cannot develop if people of wealthier nations are not allowed to buy their products.
>It makes no sense for a developed nation to have its citizens sewing stitches in other people's underwear when higher paying higher skilled job are available.
>Greater diversity of products.