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QUESTION IMAGE

how are imports and exports important to international trade? ○ they ca…

Question

how are imports and exports important to international trade?
○ they can help to build a stronger economy worldwide
○ they can help provide goods and services for the countries that produce the imports and exports.
○ they can block progress in countries that produce the imports and exports.

Explanation:

Brief Explanations
  • Analyze Option 1: Imports and exports are key in international trade as they allow countries to specialize, access resources, and expand markets, which collectively contribute to a stronger global economy.
  • Analyze Option 2: Imports are goods/services a country brings in (not produces), and exports are what a country sends out (produces). So this statement has a mis - concept as it says “countries that produce the imports” which is incorrect.
  • Analyze Option 3: Imports and exports generally facilitate progress (e.g., by providing access to new technologies, markets) rather than blocking it, so this is incorrect.

Answer:

A. They can help to build a stronger economy worldwide