Question

What is diversification of trade what are its advantage

answer as quickly as possible​

Answer 1

diversification Trade diversification is the process by which a business, nation, or other economic entity offers a range of different products or services.Canada has a broad and growing global trade network that gives Canadian businesses preferred access to seize opportunities on a global market scale With a total of 14 free trade agreements with 51 countries, 36 foreign investment promotion and protection agreements (FIPAs) and many more negotiations in progress around the globe, Canada is the most connected G7 country. With preferred access to international markets for Canadian companies, there has never been a better time to diversify.