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Questions and Answers
Which of the following is a reason why countries trade?
Which of the following is a reason why countries trade?
- To limit their economic growth
- To decrease their domestic consumption
- To increase their domestic production (correct)
- To reduce their international relations
What is the meaning of export?
What is the meaning of export?
- The act of producing goods domestically
- The act of consuming goods domestically
- The act of buying goods from another country
- The act of selling goods to another country (correct)
If you live in the countryside, what would you likely trade?
If you live in the countryside, what would you likely trade?
- Fish
- Timber
- Precious metals
- Agricultural products (correct)
