you have to write a essay the topic is The absolute advantag

Solution

Advantages of the goods exporting to China from our country:-

1) Increased profitability:- Businessmen exporting goods to china can increase their profitability by exporting on larger level.

2) Increase in growth rate:- Higher the exports in the country, Higher is the growth rate of that country.

3) Economies of Scale:- By making export at larger level, the firm can reduce their overall cost of production and in this way economies of scale is achieved.

4) Foreign currency flow:- Due to exports, the flow of foreign currency in the country increases which is very good for overall development of the nation as whole.

5) Enhanced innovation and technology:- Larger exports from your country reflects the better quality of your goods and enhanced innovation and technology in terms of features, characteristics, quality, pricing etc.

6) Others:- Favourable Balance of Trade, Favourable Balance of Payment, Increased GDP etc.