If the United States, a wealthy nation, trades with Cambodia, a poorer, less developed nation, which of the following statements is likely true?

Question

Quizplus · Accepted Answer

Trade is a mutually beneficial exchange of goods and services between two countries. Both nations can benefit from the trade by gaining access to new markets and products, increasing their income, and creating new job opportunities. Therefore, it is likely that both the United States and Cambodia can benefit from trading. Option A is incorrect because trade is a mutually beneficial exchange, and the United States is not the only one benefiting from it. Option B is incorrect because entering trade is voluntary, and Cambodia must see the benefits of trading. Option D is incorrect because the United States is not being charitable; they are engaging in trade to gain access to Cambodia's markets and resources.

If the United States, a Wealthy Nation, Trades with Cambodia