Based on your understanding, how does international trading help the socio-economic condition of our country?

your answer is below . please mark it pls

Explanation:

International trade enables a country to enjoy the advantages of international specialisation according to comparative costs. ... Therefore, international trade by enabling better and more efficient utilisation of the resources of a country increases its real national income and hence has a growth-promoting effect.

the correct answer is ) possibility.

demonstrating opportunity cost is done through production possibility.

the opportunity cost can be demonstrated using the production possibility frontier or curve. this graphic shows the total number of possibilities for two products when we have the resources needed and used in an efficient manner. the main resources could be money, labor, and technology. the curve shows that the production of one good increases when the production of the othe