Advantages of International Trade to West Africa

Despite the problems encountered in international trade, a lot of benefits are still derivable:

  1. It facilitates economic development.
  2. It promotes international friendliness and cooperation.
  3. It brings about increase in investment opportunities among different parts of the world.
  4. It also increases the variety of goods obtainable in West Africa
  5. It helps in the transfer of technological know-how.
  6. It also provides employment opportunities.
  7. It provides foreign exchange earnings.
  8. It also stimulates the production of exportable goods.
  9. It enhances people’s standard of living

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