The main reason why one nation trades with another is to
A)save its natural resources from rapid depletion.
B)exploit the advantages of specialization.
C)eliminate the danger of retaliation from other nations.
D)improve political alliances.

Question

Quizplus · Accepted Answer

The main advantage of international trade is that countries can specialize in producing goods and services with lower opportunity costs, which leads to higher efficiency and lower prices. This allows countries to trade with other nations and import goods and services that they cannot produce at a lower cost. Therefore, the main reason why one nation trades with another is to exploit the advantages of specialization.

The Main Reason Why One Nation Trades with Another Is