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What are the disadvantages of export / import?

Answers 1

Import Disadvantages: 1. Domestic business may get harmed due to the import of foreign goods. 2. Inflation is a huge cause of concern in trade Export Disadvantages: 1. Exports having low value will only fetch small profits. 2. A lot of investment goes into export. You need to invest in labour, technology as well as production of goods.


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