Which statement explains an economic outcome of international trade?

Competition is erased within the global marketplace.

Imports and exports move around the world at a slower rate.

Countries become dependent on one another for certain goods.

Jobs are lost throughout developing nations and third-world countries.

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Will Griffith

2 February, 10:11

Which statement explains an economic outcome of international trade?

Competition is erased within the global marketplace.

Imports and exports move around the world at a slower rate.

Countries become dependent on one another for certain goods.

Jobs are lost throughout developing nations and third-world countries.

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Answers (1)

Know the Answer?

Wade · Answer 1

Countries become dependent on one another for certain goods.

Explanation:

Economic trade involves countries producing different goods and services and selling to other countries. They also buy the goods and services in which they don't produce in return.

Competition isnt erased within the global marketplace due to different countries producing the same goods. Imports and exports move around the world at a fast rate. Countries usually become dependent on one another for certain goods. Jobs aren't lost throughout developing nations and third-world countries instead there are more job opportunities.