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Because we don't have everything we need so we get it from another counrty. And if we have something Another Country wants, we can make money off it.
Wiki User
∙ 14y ago
Trading with other countries is important for several reasons. It allows for access to a wider variety of goods and services, promotes economic growth by creating new markets, and fosters specialization and efficiency in production. Additionally, international trade can improve diplomatic relations and promote peace between nations.
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Why did the number of people employed in Mexican maquiladoras begin to drop after 2001?
The decline in employment in Mexican maquiladoras after 2001 can be attributed to factors such as increased competition from other countries, changes in global trade agreements, and automation of production processes. These factors led to a shift in manufacturing operations to other countries and reduced the demand for labor in maquiladoras.
The triangular trade was an example of trading some good for other good is the name generally you used for this kind of trade is?
The triangular trade was a historical trading system where goods (such as slaves, sugar, and rum) were exchanged between Europe, Africa, and the Americas. This type of trade is commonly known as a "triangular trade" due to the triangular route taken by ships moving between the three continents.
Why is globalization good?
Globalization allows for easier access to a wider variety of goods and services, fosters cultural exchange and understanding between countries, and can lead to increased economic growth and development. Additionally, it can encourage cross-border collaboration on important issues such as climate change and public health.
Are whites treated bad in other countries?
Discrimination based on race can occur in any country. While attitudes and experiences may differ, it is important to address and combat racism and prejudice wherever it occurs.
How does a Japanese society obtain more goods and services?
Japanese society obtains more goods and services through a combination of domestic production, imports from other countries, and technological advancements that increase efficiency and productivity. This is supported by a strong work ethic, high levels of education, and a focus on innovation and quality in manufacturing and service industries. Additionally, Japan has established trade agreements with other countries to facilitate the exchange of goods and services globally.
Why was the sailboat important?
Worldwide trade with other countries.
Why would Japans coastline be important?
its important becaus they need to trade things with other people and countries
Why is trade so important around the world?
Tade is so important aaround the world because ohter countries have unqui goods that other countries don't have. For example silk is very important to some countries to make clothing or other stuff, for that is why we need trade because some countries might like silk to produce stuff.
Why did they trade lions on the silk road?
They didn't trade lions on the silk road, they traded pandas. They traded for other important stuff from other countries.
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.
Why was the fur trade important in Canada?
becaus many people wanted furs in other countries
Why were spices so important to the Europeans?
It was their main source of getting money from other countries and for world trade.
2 Why is it important to only deal with countries which are politically stable?
Because when it comes to trade and other important international factors, politically unstable countries cannot usually be trusted.
Why do Seattle and other cities in Puget sound play an important role in trade with Asian countries?
They have various resources that can be useful to Asian countries.
Can countries trade with each other without a Free Trade Agreement?
Yes, Countries can trade with each other without free trade agreement.
What do countries trade with other countries?
Countries trade with anything. Money, objects, animals, etc.
Why do you trade with other countries?
we trade with other countries to get goods that we dont have in our country, to keep contact and to make friends with the other countries foe situations in the future
