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International trade is necessary because?


Question

International trade is necessary because?

Options

A)
no country can live in economic isolation
B)
different countries are differently endowed in natural and man-made resources
C)
some countries have comparative costs advantage in the production of particular commodities over other countries
D)
the word demand for and supply of various categories of commodities is expanding very fast
E)
countries want to build up their foreign exchange reservers

The correct answer is B.


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