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International trade is necessary because?
Question 1
Report
International trade is necessary because?
no country can live in economic isolation
different countries are differently endowed in natural and man-made resources
ome countries have comparative costs advantage in the production of particular commodities over other countries
the word demand for and supply of various categories of commodities is expanding very fast
countries want to build up their foreign exchange reservers
Answer Details
Read lesson note on International Trade (JAMB)
Read lesson note on Public Finance (WAEC)
Read lesson note on Factors Of Production (WAEC)
Read lesson note on Theory Of Production (WAEC)
Read lesson note on Economics As A Science (JAMB)
International Trade
Public Finance
Factors Of Production
Theory Of Production
Economics As A Science
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