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Disadvantages of International Trade — Commerce Keypoint

Disadvantages of International Trade

  1. International trade constitutes a threat to infant industries.
  2. It leads to dumping ground for imported goods.
  3. It hampers efforts of developing skills and knowledge among the developing countries of Africa.
  4. It discourages self-reliance.
  5. It may lead to too much competition, rivalry, and international mistrust.
  6. It may lead to over-dependency of countries on one another
  7. It leads to importation of dangerous and harmful goods.

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