Uneven distribution of natural resources
O is the only cause for international business,
O is the major factor for international business
is among the major factors for international business,
is not a cause for international business
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Uneven distribution of national resources is among the major factors for international business.
- Natural resources are distributed unevenly throughout the world.
- These are one of the major factors of international trade.
- The location of the natural resources determines the type of trade practised in the country.
- It also determined the different factors that affect international trade such as the price of the goods produced with the help of the natural resource.
- Example: The middle east is one of the largest producers of crude oil in the world because of its natural occurrence in their land.
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