Why is trade-more difficult for Mongolia?

Answer 1

Trade is more difficult for Mongolia due to its landlocked position, which limits access to international markets and increases transportation costs. Additionally, its vast but sparsely populated territory poses logistical challenges, making infrastructure development expensive and complex. Political and economic reliance on neighboring countries, particularly China and Russia, can also create vulnerabilities and limit trade diversification. Furthermore, economic fluctuations, regulatory barriers, and a reliance on mineral exports complicate trade dynamics further.