Economy, asked by devyadav8499, 2 months ago

what are the base of trade between two countries

Answers

Answered by BrainlyBAKA
1

"The basis of international trade lies in the diversity of economic resources in different countries. International trade takes place when buyers find foreign markets cheaper to buy in and sellers find them more profitable to dispose of their products than the domestic market.

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Answered by angelsk1218
0

Answer:

The basis of international trade lies in the diversity of economic resources in different countries. ... These differences provide 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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