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the countries produce different specialized goods

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14y ago

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What is trade region?

Countries within a specified region that conduct free trade with one another. Ex. NAFTA(Canada, USA, Mexico)


How did Islamic expansion most likely affect trade in Arabia?

Arabian merchants could conduct trade over wider areas.


What is regional trading alliances?

Hi, that would be Free trade between Canada, USA, and Mexico, also known as NAFTA


What do you trade with?

When countries trade with one another, this is known as import and export. This allows countries to receive materials or items that they don't have naturally.


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 the difference between international trade and external trade?

International trade is trade between two or more countries, while external is a trade in another country.


What is a limit on trade with another country?

limiting the import on goods from those countries.


What do the caricom countries trade and why do they trade?

What do the caricom countries trade and why do they trade?


How do you define import?

An import is the trade that a country takes in from other countries, where areas are an export is the trade that a country would trade from their country to another country.


Why do countries trade with one another?

to get good inports and exports to be used through their lives!!!


How can access to waterways increase trade between countries?

the water helps send goods and other belongings to another country to trade,thereby making it easier to trade.


A government ban on trade with other countries?

When a government bans trade with other countries it can be called embargo or boycotting, depending on the circumstances. Embargo is when a government bans trade with another country in attempt to isolate it. Boycotting is when trade is ban in order to intimidate or show disapproval and need for change.