Answer to Question #103637 in Microeconomics for Carol yonela

Question #103637
Uneven distribution of natural resources often leads to countries trading with one another, explain how.
1
Expert's answer
2020-02-24T09:54:58-0500

Most countries may not have the resources that are important to them,trade therefore allows them to acquire these resources from places that have them.An example is Japan which is one of the richest countries but has very limited natural resources.Trade has enabled japan to buy the resources it needs while exporting the machines it manufactures.


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Assignment Expert
09.03.20, 15:47

Dear visitor, please use panel for submitting new questions

Muhle
08.03.20, 00:52

Critically evaluate the economic system used in South Africa

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