QUESTION IMAGE
Question
question 8 points 2 which of the following is not a reason for international trade? resource availability self - sufficiency access to new markets comparative advantage
Brief Explanations
Reasons for international trade include comparative advantage (efficiency in production), access to new markets (expanding customer base), and resource availability (obtaining scarce resources). Self-sufficiency, however, means producing all needs domestically, eliminating the need for trade.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
B. Self-sufficiency