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because every country can't produce or manufacture all the commodities that that they need or want , the reason behind is that lack of raw materials, skilled worker, lack of technology and so on......
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Can countries trade with each other without a Free Trade Agreement?
Yes, Countries can trade with each other without free trade agreement.
Why do counties trade with each other?
Countries trade with each other because they don't have some of the natural resources that they want.
What has limited the trade of the Andean countries with each other and with other nations?
The sizes of the mountains make trade difficult.
What is Interdependent trade?
It is how you rely on other countries to trade with you.
How are trade relations measured?
by what we trade with other countries
Can countries trade with each other without a Free Trade Agreement?
Yes, Countries can trade with each other without free trade agreement.
How do countries pay each other?
Countries pay each other through various methods, such as wire transfers, credit transfers, checks, and electronic payment systems like SWIFT or SEPA. They may also use international financial institutions like the International Monetary Fund to facilitate payments. Trade between countries often involves settling accounts through banks or agreed-upon terms like letters of credit.
Why do counties trade with each other?
Countries trade with each other because they don't have some of the natural resources that they want.
What has limited the trade of the Andean countries with each other and with other nations?
The sizes of the mountains make trade difficult.
What are some ways which caricom countries help each other?
They help trade
When countries rely on each other to help produce and sell products?
Every single country relies on each other for trade.
How do countries trade with each other?
They can trade over sea, in an airplane, by foot or on land...it just mainly depends on the country.
In which industries do Italy and Germany compete with each other for trade with other countries?
They compete with each other in the farming industry due to arable land.
Different countries often specialize in producing different goods What is a consequence of this?
The countries are more likely to trade with each other
What is global trade patterns?
A global trade pattern is how countries trade with each other. It is also known as international trading. Industrialization has a huge impact on how trade is effected.
Why do Canada and Thailand trade?
Same reason other countries do. To get unique imports and exports sent to each other.
Why is it so important for countries to communicate with each other?
It is so important that countries communicate with each other because misunderstandings can lead to hatred and even war or genocide. It is also important to communicate in order to establish trade between countries.
