Question

Describe a mutually beneficial relationship as it relates to nations. What makes it beneficial to both the nations? Can it be that one has more "benefits" than the other? How does this fit into the discussion of Imperialism? Be specific in your response. Respond directly to the assignment (no google document needed).

Answer 1

Answer:

International trade is a mutually beneficial relationship to nations that engage in it.

Explanation:

This is because international trade makes each country produce what they do best: those goods and services for which they have a competitive advantage.

Sometimes, international trade does benefit other countries more than others, but despite this, all countries that engage are benefited. International trade is not a zero-sum game.

Imperialism was more related with mercantilism, the economic idea that countries should have colonies to extract resources and obtain trade surpluses. International trade is more benefitial than mercantilism, and is correlated with the increasing peacefulness of the modern world.