Which option best explains why countries trade with each other?

A. to eliminate scarce resources

B. to eliminate excess resources

C. to sell goods they cannot produce locally

D. to obtain goods they cannot produce efficiently

Question

Business

Hamza

2 July, 04:01

Which option best explains why countries trade with each other?

A. to eliminate scarce resources

B. to eliminate excess resources

C. to sell goods they cannot produce locally

D. to obtain goods they cannot produce efficiently

+1

Answers (2)

Know the Answer?

Siena Mcbride · Answer 1

D. to obtain goods they cannot produce efficiently is the only option that makes sense in the context of the question.

Barnes · Answer 2

The correct answer would be D, to obtain goods they cannot produce efficiently.

Explanation:

Export is the sending of goods to another country to sell them. Import is the receiving of goods in your country after purchasing them. Imports and exports are the concepts that are very common between the countries. These are the basically the trades that take place between countries. In the given question, the best sentence that describe the concept of why countries trade with each other is option D, i-e, countries trade with each other in order to obtain the goods that they are unable to produce efficiently in their own country. There are many reasons why a country is unable to produce some products efficiently. In short, when a country is unable to produce a certain good for its people, the government import that product from other countries for its people.

Which option best explains why countries trade with each other?A. to eliminate scarce resourcesB. to eliminate excess resourcesC. to sell goods they cannot produce locallyD. to obtain goods they cannot produce efficiently

Which option best explains why countries trade with each other?

A. to eliminate scarce resources

B. to eliminate excess resources

C. to sell goods they cannot produce locally

D. to obtain goods they cannot produce efficiently