International trade helps even out some of the resource imbalances among nations.

Question

Quizplus · Accepted Answer

International trade allows countries to specialize in producing goods and services that they have a comparative advantage in, which means they can produce them more efficiently than other countries. This helps to even out resource imbalances among nations, as each country can obtain the goods and services they need from other countries that produce them more efficiently.

International Trade Helps Even Out Some of the Resource Imbalances