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 Form 4 Business studies lessons and notes on international trade

Disadvantages of international trade

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Answer Text:
Disadvantages of International trade
-It may lead to collapse of the local industries, as people will tend to go for the imported goods. The collapse may also lead to loss of employment
-It may also lead to importation of harmful foods and services such as drugs and pornographic materials
-May lead to over depending on imported commodities especially the essential ones, making the country to be a slave of the
other countries, interfering with their sovereignty
-It may make the country to suffered during emergencies if they mainly rely on the imported goods
-May make the country to suffer from import inflation
-May lead to acquisition of bad culture from other countries as a result of their interactions


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