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Yes, I agree with the opinion the export trade helped both the countries. It will be a great opportunity to export goods of a particular country to other countries because that would bring money and also fame for a country if its exported products are good. The traders of that country would get enough money for their products. The people of the countries which import those goods maybe benefitted as their choices for goods increases and they could even use those products, which are made thousands od miles far.
What else can I help you with?
What term means exchanging resources with other countries for the benefit of both countries?
Trade
What term means exchanging resources with other countries for benefit of both countries?
trade
Which of the following is a benefit of trade between two countries?
A wider variety of goods is available in both countries.
What is the relationship between Trade weighted Index and the export receipts?
The relationship between the trade weighted index and the export receipts is that they are both related to money exchanges for goods in other countries. The receipts are given in either a port, sea, plane, or by any person.
When can two countries benefit from trading two goods?
Two countries can benefit from trading two goods when each country specializes in producing the good it can produce most efficiently, and then trades with the other country for the good it cannot produce as efficiently. This allows both countries to maximize their resources and benefit from the trade.
What term means exchanging resources with other countries for the benefit of both countries?
Trade
What term means exchanging resources with other countries for benefit of both countries?
trade
Which of the following is a benefit of trade between two countries?
A wider variety of goods is available in both countries.
What term means exchanging resources with other countries for the benefit of both country?
the answer is trade
What is the relationship between Trade weighted Index and the export receipts?
The relationship between the trade weighted index and the export receipts is that they are both related to money exchanges for goods in other countries. The receipts are given in either a port, sea, plane, or by any person.
When can two countries benefit from trading two goods?
Two countries can benefit from trading two goods when each country specializes in producing the good it can produce most efficiently, and then trades with the other country for the good it cannot produce as efficiently. This allows both countries to maximize their resources and benefit from the trade.
Is Mexico trade import or export?
Both. See related questions.
When people trade how do both sides benefit?
They both get what they want/need .
Who benefit from free trade?
both buyers and sellers.
What determines the export levels?
Export levels are determined by various factors, including domestic production capacity, global demand for goods, exchange rates, trade policies, and tariffs. Additionally, the competitiveness of products in international markets and the overall economic conditions of both the exporting and importing countries play a crucial role. Infrastructure, trade agreements, and geopolitical stability also significantly influence export levels.
What is the common benefit of writing and the wheel?
Both made trade easier.
What is a common benefit of writing and the wheel?
Both made trade easier.
