Whichof these is an important factor promoting increased international trade?

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1122564

2026-04-17 00:50

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An important factor promoting increased international trade is advancements in technology, particularly in communication and transportation. Improved logistics and shipping methods have reduced costs and delivery times, making it easier for businesses to access global markets. Additionally, digital platforms facilitate trade by connecting buyers and sellers across borders, enhancing market reach and competition. Lastly, trade agreements and reduced tariffs further encourage countries to engage in international trade.

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