- International trade constitutes a threat to infant industries.
- It may lead to over dependency of countries on one another.
- It leads to dumping grounds for imported goods.
- Hampers efforts to developing skills and knowledge among the developing countries.
- Causes balance of payments problems.
- It leads to too much competition, rivalry, international jealousy and mistrust.
Was this helpful?Something wrong or missing? Tell us β we read every report and fix issues fast.