Society gains advantages through trade because of its ability to refine tasks that are connected with production and specialize resources to the uses where opportunity cost is minimized.
What is trade?
Trade can be defined as the exchange of goods and service or the act of buying and selling.
Hence, Society tend to gains advantages through trade based on the fact that its ability to refine tasks that are associated with production as well as specialize resources to the uses where opportunity cost are reduced or minimized.
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