Why is trade important for development
Trade can be a key factor in economic development. The prudent use of trade can boost a country's development and create absolute gains for the trading partners involved. Trade has been touted as an important tool in the path to development by 8 May 2015 Here is a little bit about ONE believes that trade is an important aspect to supporting development and poverty reduction: Giving African countries A source of foreign currency to help a nation's balance of payments (trade surplus countries build up US$ reserves); An important way of financing imports of