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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.


What does specialization means in social study?

Nations use their scarce resources to produce those things that they produce better than other countries.


What does economising of resources means?

it means optimum utilisation of resources or efficient management of resources as to maximise output.


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.


Is trade a noun or verb?

Trade can be both a noun and a verb. As a noun, it refers to the activity of buying, selling, or exchanging goods or services. As a verb, it means to engage in the activity of buying, selling, or exchanging goods or services.


What are some positive effects of globalism?

Well, it means for information to get passed around the world quicker and easier... Sharing knowledge can be beneficial to countries with less resources.