Why is trade necessary?

Question

(1 point)
O Producers create too much demand for goods.
O Resources are not distributed evenly.
O Consumers do not supply enough goods
Resources are abundant everywhere.

Answer 1

The correct answer is: Resources are not distributed evenly.

Trade is necessary because resources are not equally available in all regions or countries. Some regions may have an abundance of certain resources, while others may lack them. Trade allows for the exchange of goods and resources between different regions, allowing each region to access the resources they lack. This helps to ensure an efficient allocation of resources and allows for the production of a wider variety of goods and services.