The role of foreign trade on economic development 1 Direct benefits of foreign trade Countries trade according to the law of comparative costsForeign Trade Policy, carry out professional division of labor through the method of selecting the better and the second inferiorForeign Trade Policy, resources are allocated more effectively, production is increased and through exchange, countries receiveForeign Trade Policy2 indirect dynamic benefits of consumption more than one's own production. With the development of foreign trade, economic growth is transmitted to a series of dynamic transformation processes.
These measures aim to further stabilize foreign trade and foreign investment, and improve the competitiveness and viability of enterprises. The Ministry of Commerce will work closely with relevant departments and local governments to ensure that various policies and measures are quickly implemented and effective, and enhance enterprises 'sense of actual gain. Through these measures, the Ministry of Commerce hopes to stabilize the fundamentals of foreign trade and foreign investment, make greater contributions to building a moderately prosperous society in an all-round way, and also play an active role in promoting global economic recovery and development. The Ministry of Commerce emphasized that facing.
Foreign Trade Policymy country's international trade policies can be divided into free trade policies and protective trade policies. 1 Free trade policies Free trade policies refer to the country's elimination of restrictions and obstacles on import and export trade and service trade, and the elimination of various privileges and preferential treatment on the country's import and export trade and service trade, so that goods can be freely imported and exported, and service trade can be freely operated. That is to say, the country has no or less interference in trade activities and allows goods, services and related elements to be sold in domestic and foreign markets.
2 Improving the international economic status and formulating foreign trade policies that are beneficial to one's own interests can enhance the country's status and influence on the international economic stage, strengthen international cooperation, expand the market, and increase national interests. 3 Optimizing the domestic industrial structure Foreign trade policies can guide and promote the development and adjustment of domestic industries, encourage the development of competitive advantageous industries, reduce the risks of industrial overcapacity and inefficient production capacity, and enhance the overall competitiveness of domestic industries. 4.
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