SUPPLIER VERIFICATION AND QC
FAVORABLE PRICING
BETTER COMMUNICATION
Going factory direct can definitely have its advantages for some buyers. But each buyer should consider their own situation before deciding to go that route. Many buyers continue to buy through a trading company because:
- Trading companies often help to ensure they’re working with a quality factory that will make a quality product.
- Trading companies often offer lower prices, especially for smaller orders.
- Trading companies help to ease communication between the buyer and the factory.
Benefits of Trade
- It increases a nation's global standing
- It raises a nation's profitability
- Creates jobs in import and export sectors
- Expands products variety
- Encourages investment in a country globally
Key Takeaways
- Trade refers to the voluntary exchange of goods or services between economic actors.
- Since transactions are consensual, trade is generally considered to benefit both parties.
- In finance, trading refers to purchasing and selling securities or other assets.
- In international trade, the comparative advantage theory states that trade benefits all parties.
- Most classical economists advocate for free trade, but some development economists believe protectionism has advantages.
What Our Client Says ?
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