Question

write a short note on the basis of international trade​

Answer 1

• 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.

Answer 2

Answer:

hope it helps

Explanation:

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.