QUESTION IMAGE
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
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.
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) A country importing raw materials and exporting finished goods