Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

why do nations engage in international trade? ○ to export goods and ser…

Question

why do nations engage in international trade?
○ to export goods and services that they need
○ to export goods that cannot be made within the country
○ to import needed goods and services
○ to import goods that can be sold for profit

Explanation:

Brief Explanations
  • Analyze each option:
  • "To export goods and services that they need" is incorrect because countries export goods they produce in surplus, not what they need.
  • "To export goods that cannot be made within the country" is wrong as countries export goods they can produce, not those they can't make.
  • "To import needed goods and services" is correct. International trade allows countries to get goods and services they lack or can't produce efficiently by importing them.
  • "To import goods that can be sold for profit" is not the primary reason for international trade; the main goal is to get needed items, though profit from re - selling can be a by - product, it's not the core reason for engaging in trade.

Answer:

C. To import needed goods and services