All categories

3 years ago

A reason that countries Trade with each other is...?

2 answers:

8 1

Trade between different countries consists of the purchase and sale of goods and services between different countries. In this way, when one country sells something to another, we say that there is an export and when we buy from abroad we will talk about importation.

The main reason that there is international trade is that countries have different resources. This makes some countries able to produce better or cheaper products, so it is logical to specialize in producing those goods and buying from abroad those that a country is not able to produce so cheap.

scoundrel [369]3 years ago

7 0

A reason that countries Trade with each other is Differences in Resources.

Further explanation:

Global trade between countries is the essence of the modern world. Countries differ in resource endowments like different quantity and quality of human capital, different technologies, and different natural resources. Every country does not have the same kind of natural resources because of which the necessity for trade arises. Computers are produced in the US and toys in China because of the difference in resources needed to produce goods. US has such resources that provide the US comparative advantage in computers. Similarly, resources in China provide China a comparative advantage in the production of toys. A country is said to have a comparative advantage in a good that can be produced at the least cost compared to any other country.

Therefore, a reason that countries trade with each other is Differences in Resources.

Learn more:

1. Learn more about protectionist trade policy

brainly.com/question/9263382

2. Learn more about Exchange

brainly.com/question/3814456

3. Learn more about Trade Flows

brainly.com/question/8677367

Answer details:

Grade: Middle School

Subject: Economics

Chapter: International Trade

Keywords: a reason, that, countries, trade, with, each other, international trade, modern world, globalized world, differences in resources, comparative advantage, trade policy, resources, produced at the least cost, natural resources, global trade, countries differ in resource endowments.

You might be interested in

The table below shows the amount of money earned by Florida, in 2007, due to the Kennedy Space Center. Type of Earning Amount ea

sergey [27]

Answer: give me the table bruh. its incomplete

Explanation:

6 0

3 years ago

Read 2 more answers

One of your friends at work eats one of your cookies and says it would be great if you could bring more of these cookies to the

Lilit [14]

Answer:

The best answer to the question: This is an example of a ____ structure, would be: single-alternative selection structure.

Explanation:

This has to do with computer programming and how computers are able to "decide" what action to take, or how to proceed, when a person uses them in making decisions and choices. In the single-alternative, a programmer structures an "if" statement to allow the computer to make a decision that will lead to a single answer if a condition pre-programmed into it is met. In this case, in particular, you have received a request from a friend from work to bake and bring more cookies to the staff meeting on Monday. By using the "if" statement, you have become "programmed" on Sunday to bake the cookies and have them ready for Monday. Essentially, the request from your friend programs you to bake the cookies on Sunday and have them ready for Monday.

8 0

3 years ago

Which physical or behavioral signs of substance abuse would a nurse observe for in the adolescent population? select all that ap

Marrrta [24]

Physical or behavioral signs of substance abuse would a nurse observe for in the adolescent population would be worrying about being addicted, confusion, manifesting bizarre behavior and experience overdose and withdrawal symptoms.

When a pattern of substance and drugs use starts to cause distress or problems then it is called substance abuse. Use of cocaine, heroin and such drugs is one example of substance abuse.

There are various types of substance abuse, a few common one of them include alcohol dependence, opioid dependence, sedative dependence, cannabis dependence, hallucinogen dependence, and cocaine abuse.

A few other behavioral signs could be elaborate excuses, severe mood swings, accidents, injuries, unexplained tardiness.

A few of nursing interventions for substance abuse should include providing healthy teaching for client and family, promoting coping skills.

Learn more about substance abuse in adolescent population here:

brainly.com/question/1048745

#SPJ4

8 0

2 years ago

Who did the Russian choose to send to space?

Illusion [34]

Answer:

Yuri Gagarin was the person to go on space.

5 0

3 years ago

. Using THREE (3) practical examples from your own cultural background, demonstrate the assertion that culture is dynamic and so

Oksi-84 [34.3K]

Answer:

Culture is fluid rather than static, which means that culture changes all the time, every day, in subtle and tangible ways. Because humans communicate and express their cultural systems in a variety of ways, it can be hard to pinpoint exactly what cultural dynamics are at play.

Explanation:

this is th meaning of dynamic culture

3 0

3 years ago