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Trade gets productive resources from one place to another where they're more needed.

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13y ago

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Which of the followiong best explains how trade enhances efficiency?

Trade gets productive resources from one place to another where they're more needed.


Which statement best explains the increase in the Atlantic slave trade in the 1700's?

no


Best explains the purpose of protectionist trade policies such as tariffs and subsidies?

nnnnnnnn


Which of the follwing best explains how trade enhances efficency?

Trade enhances efficiency by allowing countries and businesses to specialize in the production of goods and services in which they have a comparative advantage. This specialization leads to increased productivity and lower costs, as resources are allocated more effectively. Additionally, trade expands markets, enabling producers to reach a larger customer base, which further drives innovation and efficiency through competition. Overall, trade fosters a more optimal distribution of resources globally.


What best explains how trade enables greater specialization among?

trade allows people to focus on one kind of production and trade for their own needs.


Which of the following best explains how trade enables greater specialization among producers?

trade allows people to focus on one kind of production and trade for their other needs.


WhAT best explains the growing popularity of coffee in china?

The Chinese economy opening to trade with The united states


Which best explains the effect of international trade on American industries?

Increased trade abroad made American industry more dependent on the rest of the world. (Apex)


Which best explains why the British were eager to end the ban on opium in China?

The British wanted to trade opium for China's resources.


Based on this map, what best explains the growing popularity of coffee in china?

The Chinese economy opening trade with the United States


What best explains why trade among the colonies flourished?

This question can not be answered. We don't know the choices given in your book/worksheet / test.


What best explains why the Indus River Valley was home to a thriving civilization?

the indus river made an agriculture and trade based economy possible