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30 November, 23:05

Identify four reasons that nations trade with one another

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  1. 1 December, 00:08
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    International trade is the exchange of goods and services between countries.

    Four reasons why nations trade with one another are:

    1. Division of labour - production is broken down into small interconnected tasks and the taska are allocated to different workers based on their suitability to undertake the task efficiently

    2. Specialisation

    3, Difference in resources

    4. Lower Prices
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