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1.4 cfa commerce & interdependence 1.4 mc: which of the following is an…

Question

1.4 cfa commerce & interdependence
1.4 mc: which of the following is an example of economic interdependence between countries?

a) a country relying on its own resources for all its needs

b) a country importing raw materials and exporting finished goods

c) a country imposing trade barriers to protect its domestic industries

d) a country prioritizing self - sufficiency over international trade

Explanation:

Brief Explanations

Economic interdependence means countries rely on each other through trade. Option a (self - reliance), c (trade barriers), and d (self - sufficiency over trade) show less reliance on other countries. Option b involves importing (relying on other countries for raw materials) and exporting (other countries relying on it for finished goods), so it's economic interdependence.

Answer:

b) A country importing raw materials and exporting finished goods