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Efficiency:
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As we know, trade promotes economic development and cooperation between countries. First of all, the benefits of developing trade large-scale production reduces costs. By entering the international market, companies can benefit from economies of scale. With the increase of supply required by the broader target market, the production cost per unit of product should be reduced.Economic globalization makes effective use of resources around the world, provides more development opportunities for countries, and greatly enriches and facilitates people's daily life.
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