Although international trade often sparks political debates, both within nations and between governments, economists agree that global trade improves the world’s overall well-being. When a company or a person purchases a product or service that’s produced more affordably in another country, the living standards increase in both places. Consumers and businesses also have valid reasons for buying from abroad; the item might better suit their requirements compared to local alternatives, or it might not be accessible domestically. Foreign producers also gain advantages by boosting sales beyond their borders, and the foreign income can be used to buy products from other countries (105 words)
Contoh soal
7. What is the main topic of the paragraph? (B2)
A) Economists’ Views on Global Trade
B) Political Debates about International Trade
C) Benefits of international trading.
D) Foreign Producers’ Advantages in Global Trade
8. What are the reasons for consumers and businesses to buy products from abroad? (C1)
A) To support foreign economies
B) To avoid political debates
C) To increase living standards
D) To acquire goods unavailable locally