The basis of international trade is to be found in the diversity of economic resources in different countries .
Answers
Answer:
The basis of international trade lies in the diversity of economic resources in different countries. ... These differences provide to a country an opportunity to specialize in the production of some specific commodities. Such specialization is facilitated by the exchange of surplus production through international trade.
Explanation:
The basis of international trade lies in the diversity of economic resources in different countries. These differences provide to a country an opportunity to specialize in the production of some specific commodities. Such specialization is facilitated by the exchange of surplus production through international trade.
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