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What term means exchanging resources with other countries for benefit of both countries?
Wiki User
∙ 6y ago
trade
Wiki User
∙ 6y ago
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What term means exchanging resources with other countries for the benefit of both countries?
Trade
What best describes one benefit of NIMSbest describes one benefit of NIMS?
NIMS means: Nobody Is My Sister
Why manufacturers locate near resources?
Transportation of resources means costs. So - if resources are near your manufacturing plant - your costs are lower - your incomes are higher.
What is economi activity?
Economic Activity usually means any activity in business that can be measures or monetized and relates to one of the key functions of buying or selling or exchanging between individuals
What is the best dfinition of the means of production?
Means of production means the facilities and resources for producing goods (especially in a political context).
What term means exchanging resources with other countries for the benefit of both countries?
Trade
What term means exchanging resources with other countries for the benefit of both country?
the answer is trade
What does superior legalitv resources in third world countries means?
means, one country have the right to appeal, apply, and wait for judgement
What is the economic system?
The Economic System are the means by which countries and governments distribute resources and trade goods and services.
What does development viewpoint mean?
development viewpoint means the belief that humans should be able to freely use and benefit from all of earths resources.
What does centership mean?
Centership is a means to direct resources to and for the benefit of an organizational entity. For example, a "community centership", is an investment vehicle that takes in grants, loans and other resources for the benefit of a community. The United States Agency for International Development broke ground on community centerships in Namibiain in 2009.
How is a symbiotic relationship useful to an ecosystem?
A symbiotic relationship is the same as a mutualistic relationship, where both organisms benefit- For example, lions hunting for food- this enables a vast group of organisms to benefit and means that resources can be shared
What does economising of resources means?
it means optimum utilisation of resources or efficient management of resources as to maximise output.
What does specialization means in social study?
Nations use their scarce resources to produce those things that they produce better than other countries.
What is cell resiration?
I think you mean cell respiration, which means a cell exchanging carbon dioxide for oxygen.
What does the phrase get the most with the least mean?
This phrase typically means achieving the greatest benefit or outcome using the fewest resources or effort. It is about maximizing efficiency and effectiveness in reaching a desired result.
How can countries like Nigeria and south Africa can have resources like oil and diamonds and still be poor?
In most cases this is due to a countries government either using the money for other means rather than helping it's people, or the country does not yet have the infrastructure to take advantage of those resources.
