Question

What might impact how world trade occurs? Think outside of the box.

Answer 1

Trade Occers when nation comm only attempted to misuse peefevences theg have in sepasate azeas As we peckably knoto no county is self sufficient So the asis of trade is cunavailable of vesouces oo diff er ence in eitheo factos pooduchvity or fodo aban d ance Some counties offer to Taade beaause theey eniog economies of scale as thei level of pooduction incteaes as noticed in kougman Trsade model. Toade at tima beneferal and at times haanful Benefts t. Foee tade allows the woold to have vaaiely. 2. Tade allocos one to enjog goods at cheapes at e &Good souoce ie eaoring foneign echong t.Genevated a lot if empbyabio ty options.

Ie counties ry to potect thelr dom as In tashion these days then these countties ave a hinder to toade. estic industier Counties impose mony tade bares auch ar inp t quota,tasiffs to poofeel thei7 domestic industhes. Aloo counties aogue that the inteornationd arvena doesn'e frit toi nteanahioral ade as mang Country subsides their industries in bde δ to earn foreign exchange .Some couties dump thers prod udl to other eze counthes totally huoting thein industhier.

counties ofin pit fsewoet infoil hade argemnf ie, they try not to trade in Oade to paeverl excessive competition to the¡ธ rlenl inderhie.