Countries trade goods and services mainly because they do not have all the goods and resources they need. This option highlights the fundamental reason for international trade: different countries possess different resources, technologies, and products, leading them to engage in trade to obtain what they lack.
Question
Why do countries trade goods and services?
(1 point)
Responses
because they want to reduce interdependence
because they want to reduce interdependence
because they do not have all the goods and resources they need
because they do not have all the goods and resources they need
because they want to help other countries grow
because they want to help other countries grow
because they want to protect domestic industries from competition
because they want to protect domestic industries from competition
1 answer