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1. Differences in Environmental Conditions.
2. Stage of Economic Development
3. Population Distribution
4. Transportation and communication facilities
5. Price Structure
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How important is international trade to the US economy?
answer
Which of these is an important factor promoting increased international trade?
The reduction of trade barriers
How important is international trade?
International trade plays a crucial role in the development of the world economy. The participation of different countries in international trade helps to intensify production and deepen its specialisation. The use of equipment increases, mass production is organised, new machinery and modern technology are introduced, and exports increase if there is a demand on the market. In turn, the expansion of exports leads to an increase in employment.
Why is FX currency exchange important to international trade?
The FX currency exchange is essential to international trade. It allows for the conversion of currency, USD to Yen to Euro to GBP, you name it, they convert it.
What central American country is important to international trade and Why?
Panama, because it provides the panama canal which provide for quick and easy trade.
Is Antarctica important in international trade?
No. There is no commerce in Antarctica, so it is not involved in international trade.
How important is international trade to the us?
answer
How important is international trade to the US economy?
answer
Why was exploration important?
Exploration was important because they explored to claim land or in other words to expand. They knew there were more lands out there but they needed to find it. Another purpose of exploring was for map making.
Central American country important to international trade?
panama
Why international trade is important in India?
Because Pakistan can never do the needful.
What central American country is important to international trade?
Panama
When was BASIS International created?
BASIS International was created in 1985.
Which of these is an important factor promoting increased international trade?
The reduction of trade barriers
How important is international trade?
International trade plays a crucial role in the development of the world economy. The participation of different countries in international trade helps to intensify production and deepen its specialisation. The use of equipment increases, mass production is organised, new machinery and modern technology are introduced, and exports increase if there is a demand on the market. In turn, the expansion of exports leads to an increase in employment.
Why is FX currency exchange important to international trade?
The FX currency exchange is essential to international trade. It allows for the conversion of currency, USD to Yen to Euro to GBP, you name it, they convert it.
What Central American country is important to international trade why?
Panama, because it provides the Panama Canal which provide for quick and easy trade.
