What is one benefit of international trade for Ireland as identified in trade opportunities?

One significant benefit of international trade for Ireland is the creation of an educated workforce. Engaging in trade with various countries often necessitates a workforce that is knowledgeable, skilled, and familiar with global markets. To compete effectively on an international scale, businesses are incentivized to invest in the education and training of their employees. This leads to a workforce that is not only better equipped to meet the demands of global trade but also contributes to innovation and efficiency within the economy.

As companies expand and seek to enter new markets, they often require individuals with expertise in areas such as foreign languages, international law, and cultural awareness, all of which are enhanced through education. Consequently, this creates a cycle where the demand for a well-educated workforce drives improvements in educational infrastructure and opportunities, benefiting the overall economy.

The other options do not contribute to the advantages associated with international trade. Higher import prices do not benefit consumers; increased availability of foreign languages does not directly correlate with trade benefits; and creation of trade barriers would hinder rather than facilitate international trade. These factors highlight the importance of a skilled workforce as a key benefit derived from Ireland's participation in international trade.