1Resources of different countries are used for producing goods and services they are able to do most efficiently.
2Consumers to get much wider variety of products to choose from.
3Consumers get the product they want at more competitive prices.
4Companies are able to procure input goods and services required at most competitive prices.
5Companies get get access to much wider markets
6It promotes understanding and goodwill among different countries.
7Businesses and investors get much wider opportunities for investment.
8Adverse impact of fluctuations in agricultural productions in one area can be reduced by pooling of production of different areas.