Asked by Garris
Which is the best example of interdependence
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between nations?
The best example of interdependence between nations is international trade. This is because countries specialize in producing certain goods and services that can be traded with other countries to meet their needs. For instance, oil-rich countries trade oil with other countries that lack oil reserves. In addition, countries will also rely on imports of goods such as manufactured products, machinery, and equipment that they do not produce themselves. This means that if one country is affected by economic hardships or political strife, it can disrupt the global supply chain, hence affecting other countries that depend on these goods and services. Therefore, international trade is a crucial example of interdependence between nations.
The best example of interdependence between nations is international trade. This is because countries specialize in producing certain goods and services that can be traded with other countries to meet their needs. For instance, oil-rich countries trade oil with other countries that lack oil reserves. In addition, countries will also rely on imports of goods such as manufactured products, machinery, and equipment that they do not produce themselves. This means that if one country is affected by economic hardships or political strife, it can disrupt the global supply chain, hence affecting other countries that depend on these goods and services. Therefore, international trade is a crucial example of interdependence between nations.
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