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True or false one reason countries trade with other countries is that even technologically advanced nations cannot produce all the products their people want and need?
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Do many African nations today have specialized economies?
Yes.75% of African countries have specialized economies today - they depend on exporting one or two products.
Why is it difficult for developing nations to establish industrial economies?
If a nation is developing they need to build up the country. There are more rural areas without advanced technology to mass produce products. Most developed nations have more industrial economies because they have the money and resources to do so.
How does the impact of globalization benefit developed countries more than developing countries?
outsourcing replaces workers in developed nations with workers in developing nations
How do nations gain from importing products?
They get products that arent made or maufactured in the country.
How are developing countries primarily different from industrial nations?
Developing countries are primarily different from industrial nations in that the living standards are not the same
What are the most modern countries in the world?
Japan is considered the most technologically advanced country, yet most of the wealthy European nations, the usa, china and Canada are not far behind.
Is Mexico technologically advanced?
Compared to many nations, Mexico is technologically advanced. However, compared to others like South Korea, Japan, and the United States, it is not. The nation has some technological infrastructure and most have access to the Internet if they can afford it.
Why did china recent japan more than it did other nations?
China resented Japan more than it did other nations because both countries were, and are still, competing for the same world markets. Japan is more advanced in the fields of electronic products than is China but they do make similar products.
Nations become interdependent through trade mainly because?
Study Island; Countries have resources or make products that other countries want to buy
Why did the Chinese have little interest in trading with the west 10.4.4?
The Chinese government is communist in nature. This means they are self sufficient and can provide for themselves. They are also technologically advanced than most nations, and have a huge standing army. For this and other reasons, they had little to no interest in trading with the West.
Is Belize a developing county a developed or undeveloped county?
Belize is a developed country. Countries are described as developed countries when they have a developed economy, and an advanced technological infrastructure when compared to other developing nations.
What is a peripheral country?
A peripheral country is typically a developing or underdeveloped nation that is economically dependent on more industrialized and economically advanced countries. These countries often have limited access to resources and technology and may experience exploitation by more powerful nations.
How would you explain the interdependence of present-day nations on each other for trade and commerce?
Nations depend on other countries to buy their surplus goods so that they in turn can buy the products and raw materials they need.
Is the United Nations the same thing as the US?
no, the US is part of the united nations The United Nations is a body of countries which has several branches to it. So the US is one of the countries which is a member of the United Nations
What do all developed nations have that emerging nations do not?
Transportation & business facilities for advanced production of manufactured goods
What is an industrialized nations?
Nations that have generally large industries and advanced technology that provides a more comfortable way of life than developing nations do.
What distinct advantage did industrialized European nations have over the non industrialized nations of Asia and Africa?
The industrialization of European nations gave them more advanced forms of transportation. It also created more jobs and led to a more prosperous economy since more products were able to be created.
