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Levart [38]
3 years ago
7

What factors promote and effect world trade?

Geography
2 answers:
NARA [144]3 years ago
8 0

Answer:

A country's balance of trade is defined by its net exports (exports minus imports) and is thus influenced by all the factors that affect international trade. These include factor endowments and productivity, trade policy, exchange rates, foreign currency reserves, inflation, and demand.

Explanation:

oksano4ka [1.4K]3 years ago
6 0

Answer:

A country's balance of trade is defined by its net exports (exports minus imports) and is thus influenced by all the factors that affect international trade. These include factor endowments and productivity, trade policy, exchange rates, foreign currency reserves, inflation, and demand.

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